What is Circle worth?

Spearhead's calibrated mark for Circle is $9B as of 2025-06-04, with an 80% conformal interval of $2.8B–$28.5B (illustrative/backtest).

How is Circle's valuation calculated?

The mark blends typed observations from publicly reported events on a disclosed recency half-life; the interval comes from split conformal prediction on walk-forward residuals, widened by staleness. Full methodology: https://pegasusthreesixty.com/methodology

◆ SPEARHEADCOMPANY PAGE2026-06-14

Circle

Name: Circle pre-IPO valuation mark (Spearhead)
License: https://pegasusthreesixty.com/methodology

USDC stablecoin issuer. IPO'd June 2025 with a large first-day pop.

$9B[$2.8B – $28.5B]0.0%

80% BAND · AS OF 2025-06-04 · STALENESS 1149D · CONFIDENCE 68% · 1 SOURCES · METHODOLOGY v0.2.0 →

00 / Mark history

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Company detail pages on Research show the headline mark and provenance only. Pro unlocks charts, mark events, and both interval bands. Illustrative / backtest — not investment advice.

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The headline mark and 80% band above are public. Full history, 95% bands, and mark events require Pro. Sign up · See plans. Illustrative / backtest — not investment advice.

01 / Provenance

Every input, with its citation

Marks are derived exclusively from the rows below. Excluded rows are shown for completeness and never enter the calculation.

Observed	Type	Implied valuation	Source	Quality	In mark	Cited
2025-06-05	IPO open	$15.4B	CoinDesk	—	EXCLUDED	VERIFIED
2025-06-04	IPO pricing	$6.9B	CoinDesk	—	EXCLUDED	VERIFIED
2022-04-12	Funding round	$9B	Bloomberg	0.90	INPUT	VERIFIED

This page is a backtest replay of publicly reported events. Indicative valuations, not transactable prices. Underlying assets are illiquid; inputs are limited to publicly reported events with source attribution. Pegasus Three Sixty and SpearHead are an information-only valuation product, do not hold client balances, and do not provide investment recommendations. Reported valuations inherit the share-count basis of the cited articles; bases differ between outlets and are recorded in event notes.