Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced the launch of the initial public offering of 24,000,000 shares of its Class A common stock.

Circle is offering 9,600,000 shares of Class A common stock and the selling stockholders are offering 14,400,000 shares of Class A common stock.

In connection with the offering, Circle is expected to grant the underwriters a 30-day option to purchase up to an additional 3,600,000 shares of Class A common stock to cover over-allotments.

The initial public offering price is currently expected to be between $24.00 and $26.00 per share.

The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Circle has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol “CRCL”.

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.

The offering will be made only by means of a prospectus.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective.