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

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.

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 […]