Tiger Global Invests in Circle as Digital Asset Focus Grows

Tiger Global Management, the New York-based investment firm founded by billionaire Chase Coleman, has made a strategic investment in Circle Internet Financial, the stablecoin issuer behind USDC. The firm’s Q2 2025 13F filing with the SEC reveals the acquisition of 125,000 Class A shares in Circle, underscoring a notable shift in its investment focus toward digital assets [1]. This follows a significant rise in Circle’s stock performance since its public offering in June 2024, with the company’s shares appreciating nearly fivefold [2].

The investment is part of a broader portfolio reallocation by Tiger Global, which also increased stakes in companies such as Amazon and Reddit, while ramping up exposure to major technology firms including Nvidia and Broadcom [1]. The move aligns with the firm’s long-standing strategy of targeting high-growth tech sectors, and now extends that focus to digital finance.

Circle has gained traction as a leading stablecoin provider, with USDC maintaining a stable price of $1.00 and a market capitalization of $68.17 billion as of August 17, 2025. The company has also expanded the utility of its stablecoin through strategic partnerships, including the integration of USDC payments on Shopify [3]. These developments have reinforced investor confidence in Circle’s positioning within the digital asset ecosystem.

Despite the strong stock performance, analysts have highlighted potential challenges for Circle, including intensified competition from other stablecoin issuers and potential valuation re-rating amid evolving market conditions [3]. Nonetheless, the firm’s recent earnings beat and dominant market share in the USDC space suggest a solid foundation for growth.

Tiger Global’s investment in Circle reflects a growing trend of institutional capital flowing into digital assets, signaling a blurring of the lines between traditional finance and crypto markets. With Circle’s stock currently trading well above its IPO price and demonstrating strong fundamentals, Tiger Global appears to be placing a long-term bet on the sector’s potential for value creation and regulatory maturation.

Source: [1] Tiger Global buys more Nvidia, Amazon, exits surging tech stocks

(https://www.thestreet.com/investing/tiger-global-buys-more-nvidia-amazon-exits-surging-tech-stocks)

[2] CRCL, AMZN, and NVDA Among the Stocks Tiger Global Added to Its Portfolio in Q2

(https://www.msn.com/en-us/money/topstocks/crcl-amzn-and-nvda-among-the-stocks-tiger-global-added-to-its-portfolio-in-q2/ar-AA1Kyfks)

[3] CRCL Stock | Circle Internet Group, Inc. Class A Price,

(https://www.tipranks.com/stocks/crcl)