Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%

May 12, 2026 - 09:15
Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%
Shares of stablecoin issuer Circle (CRLC) climbed on Monday, rising by 15% to $130 for the first time in nearly a month. The move came after the company disclosed it had raised $222 million in the presale of Arc, the native token tied to Circle’s new blockchain. The funding values Arc at a fully diluted...

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