Circle Raises $222M in Arc Presale at $3B FDV
The private token sale for Circle’s Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange. USDC issuer Circle announced the completion of the presale for its stablecoin-focused blockchain Arc, raising $222 million in token sales, as part of its Q1 2026 report, published on Monday, May 11. The presale, which…