Transaction · Crypto / Digital Assets · 2025

Circle / Interop Labs 2025

Circle acquired Interop Labs on December 16, 2025.

Target
Interop Labs
Acquirer
Circle
Announced
December 16, 2025
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Circle announced the acquisition of Interop Labs on December 16, 2025.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Circle acquires Interop Labs engineering team and IP to strengthen interoperability expertise supporting stablecoin and payments infrastructure strategy.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 16, 2025
Acquirer
Circle (Strategic)

Frequently asked questions

When did Circle announce the acquisition of Interop Labs?

Circle announced the acquisition of Interop Labs on December 16, 2025.

What sub-sector is Interop Labs in?

Interop Labs is tracked in the Crypto / Digital Assets sub-sector.

Sources