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Circle raises $222M in Arc token presale at $3B FDV from a16z crypto, BlackRock and others; Q1 revenue up 20%

By Naga Avan-Nomayo · Published May 11, 2026 · 1 min read · Source: The Block
Stablecoins

Circle raised $222M in an Arc presale at a $3B valuation; BlackRock, Apollo, and a16z invest as Q1 revenue reaches $694M and USDC hits $77B.

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