Tiger Global disclosed that it has established a position in the first share of stablecoin Circle in Q2, about 125,000 Class A stocks
2025-08-16 08:46:46
According to the Securities Exchange Commission (SEC) disclosure, Tiger Global Fund (TIGER GLOBAL) submitted the second quarter position report (13F) ended June 30, 2025, which shows that the total market value of Tiger Global's second quarter position reached 34.10 billion US dollars, of which the new purchase of 125,000 Class A shares of stablecoin issuer Circle, Circle's stock was listed in June this year with a strong performance. Since then, its market value has increased by nearly five times compared with the initial public offering price. However, only two months after completing the most eye-catching public listing in recent years, stablecoin issuer Circle posted a loss in the second quarter, while revenue exceeded expectations. Circle previously reported a net loss of 482 million US dollars (4.48 US dollars per share), which was mainly affected by IPO-related non-cash expenses.
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