Circle Internet Group has filed for its long-awaited initial public offering (IPO) with the SEC. This is an important moment for Circle and the financial future of the internet. The company's stablecoin, USDC, is the second largest in the market.
- IPO filed on April 1, 2025.
- Circle plans to trade under the symbol CRCL on NYSE.
- 2024 net income: $156 million, up from $268 million in 2023.
- Revenue increased to $1.68 billion, a 16% growth year-over-year.
- Circle holds a 25% market share of the stablecoin market.
| Metric | Value |
|---|---|
| 2024 Revenue | $1.68 billion |
| 2024 Net Income | $156 million |
| Market Share of USDC | 25% |
