{"id":597520,"date":"2026-05-11T13:52:46","date_gmt":"2026-05-11T13:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/11\/usdc-issuer-circle-raises-222m-in-arc-token-presale-valued-at-3b\/"},"modified":"2026-05-11T13:52:46","modified_gmt":"2026-05-11T13:52:46","slug":"usdc-issuer-circle-raises-222m-in-arc-token-presale-valued-at-3b","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/11\/usdc-issuer-circle-raises-222m-in-arc-token-presale-valued-at-3b\/","title":{"rendered":"USDC issuer Circle raises $222M in Arc token presale valued at $3B"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1qYXBhbi10YXhlcy1vbi1pbnZlc3RtZW50cy1leHBsYWluZWQuanBn.jpg\" alt=\"USDC issuer Circle raises $222M in Arc token presale valued at $3B\" class=\"type:primaryImage\" \/><\/p>\n<p>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.<\/p>\n<p>Circle Internet Group agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z crypto, valuing the Arc blockchain network at $3 billion on a fully diluted basis.<\/p>\n<p>The New York Stock Exchange-listed issuer of the USDC stablecoin <a href=\"https:\/\/www.circle.com\/pressroom\/circle-reports-first-quarter-2026-results\">disclosed<\/a> the token presale Monday alongside its first-quarter 2026 results, which showed higher revenue and reserve income but lower net income.<\/p>\n<p>The round was <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001876042\/000187604226000148\/crcl-20260511.htm\" rel=\"noopener noreferrer\" target=\"_blank\">led<\/a> by a16z crypto and backed by a consortium including BlackRock, Apollo Funds, ARK Invest, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group and Standard Chartered Ventures.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/circle-raise-222-million-arc-token-presale-3-billion\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>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 agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z crypto, valuing the Arc blockchain network at $3 billion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":597521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-597520","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/597520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=597520"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/597520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/597521"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=597520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=597520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=597520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}