Circle Raises $222 Million for Arc Token Presale, Valuing Blockchain at $3 Billion

Circle Internet Group has raised $222 million in a presale of its new token 'Arc,' tied to the company's blockchain. The raise values the network at $3 billion and includes participation from major investors like BlackRock, Apollo Funds, and Intercontinental Exchange.

By Tanaya Macheel · CNBC ·

Circle Raises $222 Million for Arc Token Presale, Valuing Blockchain at $3 Billion

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Topics: Arc blockchain Circle Internet Group investment token sale

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