Circle Raises $222M In Private Sale For Its Layer 1 Arc Token, Backed By A16z And BlackRock

Bitcoin ETFs saw $623 million in net inflows for the sixth straight week. Ethereum ETFs recorded $70.49 million in inflows, led primarily by BlackRock. Solana and XRP ETFs attracted over $73 million in combined new capital. Institutional appetite for digital assets shows no signs of slowing down this quarter. Investors funnelled $622 million into various […] The post US Spot Bitcoin ETFs Pull In $622M as Winning Streak Hits 6 Weeks appeared first on Live Bitcoin News.

a16z’s Arc thesis recasts stablecoins as a $9T “economic OS” for global finance, powering accounts, payments, FX and credit instead of just serving as crypto payment rails. Andreessen Horowitz’s crypto arm has published a new thesis on its investment in…

The private token sale for Circle's Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange.

Circle reports strong Q1 growth with $694M revenue, while Arc blockchain raises $222M backed by major global investors. Circle has reported strong financial growth in the first quarter of 2026. The company reported revenue and reserve income of $694 million. This is 20% higher than the previous year. Furthermore, it indicates a growing demand for […] The post Circle Revenue Jumps 20% as Arc Blockchain Raises $222M at $3B Valuation appeared first on Live Bitcoin News.

The post Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily appeared on BitcoinEthereumNews.com. This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,002.49 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares last week, extending a five-week inflow streak and marking the strongest weekly total since late April, according to CoinShares. More importantly, bitcoin funds alone pulled in over $700 million, taking year-to-date flows to $4.9 billion. Talk about the demand for the leading cryptocurrency. The catalyst? Improving sentiment around the Clarity Act, according to CoinShares’ head of research, James Butterfill. Bitcoin recently traded at $81,000, having narrowly missed the 200-day SMA positioned above $

The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared on BitcoinEthereumNews.com. Circle Internet Group, the publicly listed issuer of the USDC stablecoin, pulled in $222 million through a presale of the native token for its new Arc blockchain, giving the network a fully diluted valuation of $3 billion, CNBC reported Monday. Andreessen Horowitz led the round with a $75 million commitment. Other participants include BlackRock, Apollo Funds, Intercontinental Exchange, the owner of the New York Stock Exchange, Standard Chartered Ventures, Janus Henderson, ARK Invest, and about half a dozen more. Circle is the first publicly listed company to conduct a token presale, an early sale of digital tokens before a blockchain goes live. CEO Jeremy Allaire said Arc represents Circle’s push beyond stablecoins into blockchain infrastructure and internet-scale financial software. What Arc is and how it works Arc Network is designed specifically for stabl

The post CRCL Stock Price Outlook As Circle Raises $222M and Q1 Revenue Jumps 20% appeared on BitcoinEthereumNews.com. Circle (NYSE: CRCL) is about to have a volatile day. It just released earnings that revealed its revenue increased by 20%. The company has also raised $222 million from BlackRock, Apollo, and others. These two things have caused CRCL stock price to go up by 1.11% at the time of writing during pre-market trading. But can it sustain this momentum through the week? Circle Raises $222M Amid 20% Revenue Jump Circle has just posted its Q1 2026 earnings, and the revenue reached $694 million. This number was 20% higher than what it put down in Q1 2025. But when compared to Q4 2025, the revenue has dropped by 6%. Wall Street had expected that Circle was going to announce a revenue of $718 million. It has missed this target. It also had a net income of $55 million, which had dropped by 15% compared to January to March 2025. Earnings aside, Circle is one of the crypto stocks winn

The post Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263% appeared on BitcoinEthereumNews.com. Key Takeaways Circle revenue rose 20% as USDC transaction volume jumped 263% year over year. Reserve income reached $653 million, supported by higher average USDC circulation. Arc-related activity, AI tools, and payments integrations could shape future revenue streams. USDC Growth Drives Circle Revenue and Reserve Income Circle Internet Group Inc. (NYSE: CRCL) announced on May 11 its first-quarter 2026 results, led by higher revenue and a sharp rise in USDC activity. Total revenue and reserve income reached $694 million, up 20% year over year. USDC onchain transaction volume jumped 263% year over year to $21.5 trillion, while USDC in circulation rose 28% to $77 billion at quarter end. Quarterly performance reflected growth across Circle’s reserve income, network activity, and payments infrastructure. Reserve income totaled $653 million, supported by higher average USDC circulatio