Circle Raises $222M for Arc Institutional Blockchain
Circle's Arc token presale closes at a $3B FDV with BlackRock and a16z backing, as Circle moves to own the whole stack behind USDC.
Crypto News·
US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. US spot Bitcoin ETF products drew $622.75 million in net inflows during the week of May 4 to 8, extending the streak to…
Read full articleCircle's Arc token presale closes at a $3B FDV with BlackRock and a16z backing, as Circle moves to own the whole stack behind USDC.
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Circle has launched the Arc blockchain after raising $222 million in a token presale backed by BlackRock and a16z. Circle Internet Group raised $222 million in the presale of ARC, the native token of its new Arc blockchain, giving the…
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