BlackRock Bets on Circle’s Arc: $222M Raised in Major Token Presale
A16z led the investment round, while other big names that were involved include Apollo Funds and ICE. The company behind the second-largest stablecoin by market cap has successfully raised $222 million in the presale of a token tied to its new blockchain called Arc. The fully diluted valuation has risen to $3 billion, while company...
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