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Circle raises $222M in Arc token presale at $3B valuation
Circle raises $222 million in a presale of its Arc blockchain token at a $3 billion valuation, led by a16z with $75 million, with BlackRock among additional participants.
Tanaya Macheel / CNBC: Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others — Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain …
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