- Circle Internet Group, Inc. has announced the pricing of its upsized initial public offering at $31.00 per share.
- The offering consists of 34 million shares of Class A common stock to be traded under the ticker symbol "CRCL".
- The IPO is set to close on June 6, 2025, with trading expected to begin on June 5, 2025.
Circle Internet Group, Inc., a global leader in financial technology and stablecoin markets, has unveiled the pricing details of its upsized initial public offering (IPO), set at $31.00 per share. The offering encompasses 34,000,000 shares of its Class A common stock, with Circle offering 14,800,000 shares and additional 19,200,000 shares being sold by existing stockholders.
Underwriters have been granted a 30-day option to purchase up to an extra 5,100,000 shares to cover over-allotments. The Class A common stock will be listed and commence trading on the New York Stock Exchange from June 5, 2025, under the ticker "CRCL".
J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are spearheading the offering as joint lead active bookrunners, with Barclays, Deutsche Bank Securities, and SOCIETE GENERALE serving as bookrunners. Additionally, firms like BNY Capital Markets and Canaccord Genuity are acting as co-managers, supported by AmeriVet Securities and others as junior co-managers.
Circle Internet Group is recognized for its innovative role in digital currencies and blockchain solutions, offering a suite of financial and technological services. These services enable enterprises to seamlessly integrate digital stablecoins and blockchain technology into their offerings, continually expanding Circle's influence in the global financial landscape.
