USDC issuer Circle raises $222M in Arc token presale valued at $3B
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.
Showing 1–4 of 4
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.
Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside […]
The USDC issuer announced the raise, with investors including Andreessen Horowitz and Blackrock, alongside its Q1 results.
The post Circle Raises $222M In Private Sale For Its Layer 1 Arc Token, Backed By A16z And BlackRock appeared on BitcoinEthereumNews.com. Circle Raises $222M In Private Sale For Its Layer 1 Arc Token, Backed By A16z And BlackRock Skip to content Home Crypto News Circle raises $222M in private sale for its Layer 1 Arc token, backed by a16z and BlackRock Source: https://bitcoinworld.co.in/circle-arc-token-private-sale-222m/