Circle Secures $222 Million in ARC Token Private Sale Alongside Rising USDC Adoption
2026-05-12
Circle Internet Group plans to issue 740 million ARC tokens worth $222 million through a private investment round led by a16z Crypto, with Arc’s valuation estimated at around $3 billion on a fully diluted basis. The update was made along with the first-quarter earnings report for 2026. There has been an increase in the company’s […]
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