Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 124

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 124
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 the custodian of the Circle Reserve Fund;                                                         |

| • |     | any significant disruption in our or our third-party service providers’ or partners’ technology could result in a        
 loss of customers or funds and adversely impact our business, results of operations, financial condition, and prospects; |

| • |     | our customers’ funds and digital assets may fail to be adequately safeguarded by us or the third-party service 
 providers upon whom we rely;                                                                                   |

| • |     | our inability to maintain existing relationships with financial institutions and similar firms or to enter into new such 
 relationships could impact our ability to offer services to customers;                                                   |

| • |     | we are subject to credit risks in respect of counterparties, including banks and other financial institutions; |

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| • |     | if we are unable to maintain existing distribution arrangements or enter into additional distribution arrangements on less 
 favorable financial terms, USDC and EURC in circulation and Circle’s financial results may be adversely affected;          |

| • |     | our products and services may be exploited by our customers, employees, service providers, and other third parties to 
 facilitate illegal activity such as fraud, money laundering, terrorist financing, gambling, tax evasion, and scams;   |

| • |     | our compliance and risk management methods might not be effective; |

| • |     | fluctuations in interest rates could impact our results of operations; |

| • |     | we are subject to an extensive and highly evolving regulatory landscape; |

| • |     | the regulatory environment to which we are subject gives rise to various licensing requirements, significant compliance                                                                       
 costs and other restrictions, and noncompliance could result in a range of penalties, including fines, compliance costs, operational restrictions, reputational damage, and loss of licenses; |

| • |     | we are subject to laws, regulations, and executive orders regarding economic and trade sanctions, anti-bribery, AML, and                                       
 counter-terrorism financing that could impair our ability to compete in international markets or subject us to criminal or civil liability if we violate them; |

| • |     | insiders will continue to have substantial control over us after this offering and could limit your ability to influence 
 the outcome of key transactions; and                                                                                     |

| • |     | other factors disclosed in the “Risk factors” section of this prospectus. |

Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond our control