Circle

Canaccord Genuity Acted as Co-Manager to Circle on its US$1.2 Billion Initial Public Offering

Canaccord Genuity is pleased to announce it has acted as Co-Manager to Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, on 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 sold 14,800,000 shares of Class A common stock and the selling stockholders sold 19,200,000 shares of Class A common stock in the base offering. The underwriters have also exercised their option to purchase an additional 5,100,000 shares of Class A common stock to cover over-allotments bringing the total number of shares sold to 39,100,000 shares of Class A common stock.

The shares of Class A common stock began trading on the New York Stock Exchange on June 5, 2025 under the ticker symbol “CRCL.” The offering closed on June 6, 2025.

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world’s largest, most-widely used stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services, and business operations.