USDC issuer Circle raises $222M in Arc token presale valued at $3B

1 month ago 7

Rommie Analytics

USDC issuer Circle raises $222M in Arc token presale valued at $3B

Circle raised $222 million in an ARC token presale led by a16z crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.

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