Crypto platform aims to let retail investors buy IPO shares at the same price as Wall Street insiders

Most people only see IPOs after the price resets at the open. Institutional investors and select clients receive allocations at the offering price, while everyone else waits for the exchange to start trading and buys at the market price. The gap between those two prices, the “IPO pop,” can be substantial. Circle’s IPO last year was priced at $31 and opened at $69, then closed at $83.23, illustrating why a…