#Circle raised $222 million in a presale of #Arc, the native token of its new #blockchain, valuing the network at $3 billion. The #Arcblockchain, designed for #institutionalfinance, aims to provide a more robust infrastructure for #USDC and other financial applications. This move positions Circle to compete in a more mature crypto market. https://www.cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-for-arc-blockchain.html?eicker.news #tech #media #news

Circle Internet Group raises $222 million from BlackRock, Andreessen Horowitz, and other major investors to build Arc blockchain network, achieving $3 billion fully diluted valuation as stablecoin issuer expands into global financial infrastructure platform
#YonhapInfomax #CircleInternetGroup #BlackRock #ArcBlockchain #USDCStablecoin #AndreessenHorowitz #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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