# Circle Internet Group

> NYSE-listed stablecoin issuer and fintech platform behind USDC and EURC; priced its 2025 IPO at $31 per share and reported $701M Q2 2026 revenue plus reserve income.

## Why it is interesting

Circle is a public Alumni Ventures portfolio company, offering a verifiable IPO milestone and quarterly disclosures. Its USDC circulation is not Circle's revenue or asset value; it is liabilities issued against reserves. The IPO's gross offering included both newly issued shares and secondary sales, which should not be confused with company proceeds or AV's realized returns.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** public
- **Status:** public
- **Industries:** crypto-web3, fintech
- **Coverage:** full
- **Last updated:** 2026-10-29

## Key facts

- June 4, 2025: priced IPO at $31/share; NYSE ticker CRCL trading began June 5.
- Total offering after the greenshoe: about 39.1M shares and $1.2B gross proceeds to company plus selling holders; not all new capital to Circle.
- Q2 2026: $701M revenue and reserve income, $48M net income from continuing operations.
- Q2 2026: $73.3B quarter-end USDC circulation, a stablecoin supply figure rather than corporate valuation.
- Q3 2026 results were scheduled for November 4, 2026, and were not yet available on October 29.

## Investors in our directory

- https://venturecapitaltracker.com/fund/alumni-ventures
- https://venturecapitaltracker.com/fund/strawberry-creek-ventures
- https://venturecapitaltracker.com/fund/purple-arch-ventures

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 29, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/circle-internet-group