Circle said to raise $222 million for Arc blockchain token sale at $3 billion valuation
Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.
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Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape cry...
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Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.
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Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.
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The tech sector helped US stocks cruise to all-time highs last week, as the artificial intelligence boom broadened.
Capital B raised $17.8 million from investors, including Adam Back and TOBAM, saying proceeds could help add 182 BTC to its treasury.
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