Circle Internet Group, Inc.

Circle Internet Group, Inc. announced that Rajeev Date resigned from its Board of Directors, effective immediately, for personal reasons. Mr. Date had served on the Board for nearly 13 years and as Lead Independent Director since November 2024. His departure is part of an orderly board refreshment process and not due to any disagreements with the company. Concurrently, the Board appointed Craig Broderick, who has been a director since June 2023, to succeed Mr. Date as the new Lead Independent Director, reducing the Board's size from nine to eight members.

Circle Internet Group reported its unaudited condensed consolidated financial results for the first quarter ended March 31, 2026. The company saw total revenue and reserve income increase to $694.1 million, up from $578.6 million in the prior year period. However, net income attributable to common stockholders decreased to $55.3 million from $64.8 million in Q1 2025, despite basic EPS rising to $0.23. Total assets and deposits from stablecoin holders continued to grow, reaching $80.54 billion and $76.78 billion respectively.

Circle Internet Group, Inc. announced its first quarter 2026 financial results and a significant ARC Token presale. The company raised approximately $222 million from institutional investors, including a16z crypto, for its Arc blockchain network's native coordination asset, valuing the network at $3 billion. Financially, Q1 2026 saw total revenue and reserve income increase 20% to $694 million and Adjusted EBITDA grow 24% to $151 million, though net income from continuing operations decreased 15% to $55 million. USDC in circulation and onchain transaction volume also showed strong growth.