Crypto▲ bullishImpact 8/10
Circle raises $222M in Arc token presale at $3B FDV from a16z crypto, BlackRock and others; Q1 revenue up 20%
The Block·

✦AI Analysis
Circle successfully raised $222 million in an Arc token presale, achieving a $3 billion valuation with investments from major firms like BlackRock and a16z. The company's Q1 revenue increased by 20%, reaching $694 million, while USDC's market cap rose to $77 billion.
Key Topics
CircleBlackRocka16zUSDC
Originally reported by The Block. Read the full article ↗