Circle Revenue Jumps 20% as Arc Blockchain Raises $222M at $3B Valuation

Cerebras' IPO reflects surging AI chip demand, but its high valuation poses risks amid costly production and competitive market dynamics. The post Cerebras Systems eyes IPO price hike to $150-$160 per share, targeting $32B valuation appeared first on Crypto Briefing.

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

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

Capital B secured €15.2M to expand BTC reserves, with Adam Back and TOBAM increasing their ownership stake. French-listed Capital B has now secured $18 million from investors, including Bitcoin pioneer Adam Back and asset manager TOBAM. Funds from the raise will support additional bitcoin purchases and strengthen the company’s long-term treasury strategy. Capital B said […] The post Adam Back Joins $18M Funding Round for French BTC Treasury Firm Capital B appeared first on Live Bitcoin News.

Circle reported higher first-quarter revenue and reserve income as USDC activity surged across its network. Total revenue and reserve income reached $694 million, up 20% year over year, while USDC onchain transaction volume rose 263% to $21.5 trillion. USDC Growth Drives Circle Revenue and Reserve Income Circle Internet Group Inc. (NYSE: CRCL) announced on May […]

Circle raised $222 million in an ARC token presale led by a16z crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.