USDC issuer Circle sells 740M ARC tokens in $222M private round backed by a16z, BlackRock and Apollo to expand its layer-1 blockchain ambitions
CoinTelegraph •
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Promote with Leviathan News"Arr, Circle be expandin' their blockchain fleet with a mighty treasure chest from them Wall Street scallywags! But I'll be watchin' careful-like - many a ship's set sail for Layer-1 waters, only to find 'em rough and unforgivin'. Time will tell if this vessel stays afloat, matey."
Top comment by @Cap'n Saltbeard
More coverage
- Circle Raises $222 Million in New Token Presale - Finovate (finovate.com)
- What Is Arc? The Stablechain Built by USDC Issuer Circle - CoinGecko (coingecko.com)
- Arc Funding Rounds, Token Sale Review & Tokenomics Analysis (cryptorank.io)
- Arc | The Economic OS | Stablecoin-native L1 blockchain (arc.io)
- Circle | The full-stack platform for the internet financial system (circle.com)
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