CryptocurrencyCircleUpdated a month ago

Circle Raises $222M in Arc Token Presale, Achieves $3B Valuation

Circle has raised $222 million in an ARC token presale, led by a16z Crypto, achieving a valuation of $3 billion. The company's Q1 revenue rose by 20% to $694 million, coinciding with a significant increase in the circulation of its USDC stablecoin, which now totals $77 billion.

CryptocurrencyCircle

Updated a month ago

Circle Raises $222M in Arc Token Presale, Achieves $3B Valuation

Related Articles (2)

Cointelegrapha month ago

USDC issuer Circle raises $222M in Arc token presale valued at $3B

PositiveCryptocurrency

Circle has successfully raised $222 million in an ARC token presale, with the event led by a16z Crypto. This comes as the company's Q1 revenue reached $694 million and the circulation of its USDC stablecoin climbed to $77 billion.

Read full article

via Cointelegraph

Crypto Newsa month ago

Circle Q1 revenue rises 20% as Arc secures $3B valuation

PositiveCryptocurrency

Circle reported a 20% increase in Q1 revenue, totaling $694 million, alongside a successful fundraising of $222 million for its blockchain initiative, Arc, which has reached a valuation of $3 billion. This growth coincides with a significant rise in the circulation of USD Coin (USDC), which has now reached $77 billion.

Read full article

via Crypto News