Circle

● Verification pending Last updated: Jun 17, 2026 Data last verified: Jun 15, 2026

Circle: $13.4B (Market Cap) valuation, IPO Readiness 72, Public. Filed S-1 with the SEC on April 2025 — IPO actively in progress. Track live on The IPO Stack.

PublicCrypto / Web3public
72
/100
IPO Readiness Score
Grade B — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Circle →

Circle is the stablecoin infrastructure company behind USDC — the second-largest stablecoin with $45B+ in circulation and trusted by institutions globally. Valued at $13.4B as a public company (NYSE: CIRC) following its April 2025 SPAC merger, Circle has become one of the largest regulated dollar digital asset companies in the world. Major stablecoin IPO candidate driving institutional adoption of dollar stablecoins for global payments.

Valuation
$13.4B (Market Cap)
Total Funding
$1.95B
Stage
Public
Sector
Crypto / Web3
Headquarters
Boston, MA
CEO
Jeremy Allaire
IPO Status
public

Funding History

Round Amount Date Lead Investors
Private Equity $400M May 2021 FTX, Fidelity
Series E $110M May 2018 IDG Capital, Bitmain
Series D $60M May 2016 Goldman Sachs
Series C $50M Jun 2015 IDG Capital, Breyer Capital
Series B $17M Sep 2014 Goldman Sachs
Series A $9M Oct 2013 General Catalyst
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Related Analysis

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Track Circle IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Circle going public? +

Circle is already a public company.

What is Circle's current valuation? +

Circle is valued at $13.4B (Market Cap) as of May 2021. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Circle before IPO? +

Circle is already a public company. You can invest by purchasing shares on public stock exchanges.

What is Circle's IPO Readiness Score? +

Circle scores 72/100 (Grade: B) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

Has Circle filed for an IPO? +

Yes — Circle filed an S-1 registration statement with the SEC on April 1, 2025, indicating an active IPO process.

How much total funding has Circle raised? +

Circle has raised $1.95B in total venture capital and private equity funding, with backing from FTX, Fidelity, Marshall Wace.

Who are Circle's key investors? +

Circle's notable investors include FTX, Fidelity, Marshall Wace, IDG Capital, Bitmain. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Circle in? +

Circle is a Crypto / Web3 company. Circle is the stablecoin infrastructure company behind USDC — the second-largest stablecoin with $45B+ in circulation an.

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