Circle's latest S-1 filing reveals just how expensive it is to be Coinbase’s best friend. Distribution and transaction costs surged 68.2% year-over-year in Q1, outpacing revenue growth.

Circle Internet Group's IPO offers 24 million Class A shares, expected to be priced $24-$26, with NYSE listing under "CRCL." Goldman Sachs among lead bookrunners. Fox Business.

Circle scrapped a $9 billion SPAC merger in late 2022. In 2023, the company was hit by the collapse of Silicon Valley Bank, where it had deposited a portion of its reserves.

Stablecoin issuer Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday, firing up the IPO market that has struggled to regain momentum.

According to a note in Circle's pre-IPO S-1 filing, the company leverages Coinbase's ecosystem to help distribute USDC.In return for Coinbase's distribution network, Circle pays it a fee. I see ...

Ripple is pursuing opportunities to expand its presence in the stablecoin market, with reports indicating a substantial offer of $4 billion to $5 billion to acquire Circle Internet Financial, the ...

Circle Internet reported net income of $156 million on revenue of $1.68 billion in 2024, compared with net income of $268 million on $1.45 billion in revenue the previous year, ...