Circle Raises $222M in Arc Token Presale at $3B Valuation – Decrypt
In brief Circle Internet Group has raised $222 million in a presale for Arc, its new institutional blockchain token. The raise values the Arc network at $3 billion on a fully diluted basis. Andreessen Horowitz led with $75 million; BlackRock and Apollo also participated. USDC issuer Circle Internet Group has raised $222 million in a...
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