Circle is not a bank; your Circle account is not a bank account and the funds are not insured by the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any U.S. or foreign government agency, insurance fund, person, or entity. For investors in the United States, the investments described in this communication are offered by Circle Bermuda to “accredited investors” only in accordance with Regulation D, Rule 506 (c) of the Securities Action of 1933, as amended. While Circle Bermuda is regulated by the Bermuda Monetary Authority for digital asset business, Circle Bermuda is not engaged in banking and deposit taking business and is not regulated for such purposes. You should carefully conduct your own investigations and analyzes in connection with any participation in this product, including its objectives, risk factors, fees and expenses and the information set forth in these documents. All potential participants in the products described here are advised to consult their legal, accounting and tax advisers regarding any potential participation. Please read the offering documents carefully before investing. Further information is available upon request.