Company: CRCL
Filing Date: 2025-02-13
Form Type: DRS/A
Source: 0000950123-25-001965
Chunk: 295

Company: Circle Internet Group, Inc.
Filing Date: 2025-02-13
Form: DRS/A
Chunk 295
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 conducted our audits in accordance with the
standards of the PCAOB and in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are
free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an
understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing
procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and
significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP

New York, New York

April 12, 2024 (February 13,
2025, as to Notes 2, 23 and 24)

We have served as the Company’s auditor since 2023.

F-2

CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83 CIRCLE INTERNET FINANCIAL LIMITED AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS

|                                                                                        | (in thousands, except share information) |   | December 31, 
         2023 |     |   | December 31, 
         2022 |
|:---------------------------------------------------------------------------------------|:-----------------------------------------|:--|-------------:|:----|:--|-------------:|
| ASSETS                                                                                 |                                          |   |              |     |   |              |
| Current assets:                                                                        |                                          |   |              |     |   |              |
| Cash and cash equivalents                                                              |                                          | $ |      368,623 |     | $ |      664,650 |
| Cash and cash equivalents segregated for corporate held stablecoins                    |                                          |   |      275,809 |     |   |        5,311 |
| Cash and