Arca CIO Jeff Dorman slams 'measly' CRCL allocation from Circle's oversubscribed IPO

Article


Description

Arca CIO Jeff Dorman criticized Circle’s IPO allocation, calling the $135,000 share allotment "measly" compared to their $10 million order. Circle’s oversubscribed IPO raised over $1 billion.

Authors

Daniel Kuhn

Publish date

June 5, 2025

Web archive URL

https://archive.is/goMdS

Web URL

https://www.theblock.co/post/357218/arca-cio-jeff-dorman-slams-measly-crcl-allocation-from-stablecoin-issuers-oversubscribed-ipo