Circle Internet Group, Inc. operates in the technology sector, within the digital payments and blockchain infrastructure industry, and was founded in 2013 in the United States by Jeremy Allaire and Sean Neville.
Headquartered in Boston, Massachusetts, the company is one of the leading providers of blockchain-based financial solutions. Its core business focuses on stablecoin issuance, crypto-integrated financial services, and digital infrastructure for global payments.
Circle’s portfolio includes products and services such as the issuance of the USDC (USD Coin) stablecoin, blockchain payment APIs, compliance tools for financial institutions, digital wallets, and real-time FX services.
Additionally, the company operates the Galileo platform, focused on payment infrastructure, and maintains strategic partnerships with financial institutions, crypto exchanges, and tech providers worldwide.
With a global presence, Circle has operations in the United States, Europe, Asia, and Latin America. Its structure is fully digital, with development hubs, corporate offices, and regulatory entities in key financial regions.
In recent years, the company expanded its regulatory presence by seeking licenses and approvals in the U.S. and the European Union, reinforcing its commitment to transparency and safety within the digital asset ecosystem.
Circle’s shares are not yet publicly traded, but in 2024, the company initiated the process for an Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) under the ticker CRCL.
History and when Circle Internet Group, Inc. was founded
Circle Internet Group, Inc. was founded in 2013 by Jeremy Allaire and Sean Neville with a mission to transform the traditional financial system through blockchain technology.
In its early years, the company developed crypto payment solutions, including a platform for sending and receiving Bitcoin. It later shifted focus to developing stablecoins, aiming to bring greater stability to digital transactions.
In 2018, Circle launched USDC in partnership with Coinbase, creating a fully dollar-backed stablecoin with regular audits. USDC quickly became one of the most widely used stablecoins globally, supporting payments, investments, and smart contracts.
The acquisition of Galileo Financial Technologies, a financial infrastructure company, marked a key step in diversifying Circle’s offerings.
Between 2020 and 2024, Circle expanded its global footprint, strengthened regulatory presence, and announced its plans to go public. The company also began investing in asset tokenization, digital banking services, and partnerships with central banks.
Today, Circle remains a leader in the crypto ecosystem, driving innovation in digital payments and the tokenization of fiat currencies through blockchain technology.
Additional Information
The Company Circle Internet Group, Inc. (United States), is listed on Nasdaq with a market cap of $ 20.05 Billions, having an equity of $ 3.02 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 2.41 Billions, which generated a profit in the amount of $ -199.82 Millions.
As for its main indicators, the Company has a P/E ratio of -100.35, a P/BV ratio of 6.63 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker CRCL.