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Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced the pricing of its upsized initial public offering of 34,000,000 shares of its Class A common stock at a public offering price of $31.00 per share. Circle is offering 14,800,000 shares of Class A common stock and the selling stockholders are offering 19,200,000 shares of Class A common stock. In connection with the offering, Circle has granted the underwriters a 30-day option to purchase up to an additional 5,100,000 shares of Class A common stock to cover over-allotments. The shares of Class A common stock are expected to begin trading on the New York Stock Exchange on June 5, 2025 under the ticker symbol “CRCL.”
The closing of the offering is expected to occur on June 6, 2025, subject to the satisfaction of customary closing conditions.
J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are acting as joint lead active bookrunners for the offering. Barclays, Deutsche Bank Securities and SOCIETE GENERALE are acting as bookrunners; BNY Capital Markets, Canaccord Genuity, Needham & Company, Oppenheimer & Co. and Santander are acting as co-managers; and AmeriVet Securities, Drexel Hamilton, Mischler Financial Group, Inc. and Roberts & Ryan are acting as junior co-managers.