Circle completes $222 million ARC token presale with a valuation of $3 billion
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Foresight News reported, according to CNBC, that Circle has completed a $222 million ARC token presale, led by a16z, with other investors including BlackRock, Apollo, and other institutions. The fully diluted valuation for this round is approximately $3 billion. Arc is a public chain targeting institutional contracts, governance, and AI agents, using USDC as the settlement currency. Circle will receive 25% of the token supply for validator rewards.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$64,172.4
+2.29%
Ethereum
ETH
$1,789.09
+3.02%
Tether USDt
USDT
$0.9993
+0.04%
USDC
USDC
$0.9998
-0.00%
XRP
XRP
$1.1
+0.63%
Solana
SOL
$77.66
-0.14%
TRON
TRX
$0.3304
-0.14%
Hyperliquid
HYPE
$67.77
+0.50%
Dogecoin
DOGE
$0.07388
+2.17%
Zcash
ZEC
$506.58
+9.33%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now