The Block•Monday, May 11, 2026 at 11:36 AM•1 min read
Circle raises $222M in Arc token presale at $3B FDV from a16z crypto, BlackRock and others; Q1 revenue up 20%
The Signal TakeBullish
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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