KEY TAKEAWAYS
- Circle Internet Group announces the pricing of its upsized IPO, offering 34 million shares at $31 each.
- The shares will trade on the NYSE under the ticker symbol ‘CRCL’ starting June 5, 2025.
- J.P. Morgan, Citigroup, and Goldman Sachs are leading the underwriting for the offering.
- The IPO is conducted through a prospectus filed with the SEC, effective June 4, 2025.
Circle Internet Group, Inc., a prominent player in the financial technology and stablecoin sectors, has announced the pricing of its upsized initial public offering (IPO). The company will offer 34,000,000 shares of its Class A common stock at a public offering price of $31.00 per share. This announcement was made on June 4, 2025.
Circle is offering 14,800,000 shares of Class A common stock, while selling stockholders are offering an additional 19,200,000 shares. The company has also granted underwriters a 30-day option to purchase up to 5,100,000 additional shares to cover over-allotments.
The shares 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 anticipated to occur on June 6, 2025, pending the satisfaction of customary closing conditions.
Underwriters and Offering Details
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 serving as bookrunners, while BNY Capital Markets, Canaccord Genuity, Needham & Company, Oppenheimer & Co., and Santander are acting as co-managers. AmeriVet Securities, Drexel Hamilton, Mischler Financial Group, Inc., and Roberts & Ryan are participating as junior co-managers.
A registration statement related to these securities has been filed with the Securities and Exchange Commission (SEC) and was declared effective on June 4, 2025. The offering is being conducted solely through a prospectus, which can be obtained from the lead bookrunners.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy these securities in any jurisdiction where such actions would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Further details about the IPO can be found in the official press release here.
Why This Matters: Impact, Industry Trends & Expert Insights
Circle Internet Group has announced the pricing of its upsized IPO at $31 per share, marking a significant event in the fintech and cryptocurrency sectors. The company’s shares are set to trade on the NYSE under the ticker symbol “CRCL” starting June 5, 2025.
Recent industry reports indicate that stablecoins are increasingly used in B2B payments, facilitating billions in transactions. This aligns with Circle’s IPO, as the company is a major player in the stablecoin market, potentially enhancing its role in cross-border transactions.
According to CryptoTimes, experts view Circle’s IPO as a gateway for investors to enter the regulated crypto space. This supports the IPO’s significance as a bridge between traditional financial markets and the digital asset ecosystem.
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