Business

Circle Raises $222 Million in Arc Token Presale

Updated 2026-05-11 10:30 UTC 1 source Positive

Blockchain company Circle has raised $222 million from investors including BlackRock and Apollo Funds in a presale of its Arc token, valued at $3 billion.

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CNBC

Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion

Andreessen Horowitz served as the lead investor in the sale with a $75 million investment. Other investors include BlackRock and Apollo Funds.

2026-05-11 10:25 UTC