Circle Internet Group, Inc.

Circle Internet Group, Inc. aims to increase global economic prosperity by enabling the smooth exchange of value. Founded in 2013, the company believes in connecting the world through a new global economic system built on the internet. This system facilitates value sharing as easily as information, content, and communications are shared today. The company observes that financial services are transitioning from closed networks to open, standardized internet infrastructure. The existing financial system, despite enabling significant global economic activity, is limited by old infrastructure and fragmented networks, leading to high costs, slow settlements, limited interoperability, and access barriers. Circle sees an opportunity to modernize value movement, allowing for faster settlements, lower costs, greater interoperability, and wider access at internet scale. The company believes digital assets, public blockchain networks, and related applications and services can achieve this by enabling secure, efficient, scalable, and accessible storage and transfer of value on the internet. Circle's platform, centered on its stablecoin network, is a key component of this emerging internet financial system. The company is developing one of the largest and most widely used full-stack internet financial platform businesses. The platform's value increases as more companies and developers integrate into its network and build upon its infrastructure, creating products and services that improve utility, expand distribution, and add value to the network.