{"id":3013,"date":"2026-05-11T16:15:08","date_gmt":"2026-05-11T16:15:08","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3013"},"modified":"2026-05-11T16:15:08","modified_gmt":"2026-05-11T16:15:08","slug":"blackrock-and-major-investors-back-circles-arc-blockchain-with-222-million-token-presale","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/05\/11\/blackrock-and-major-investors-back-circles-arc-blockchain-with-222-million-token-presale\/","title":{"rendered":"BlackRock and Major Investors Back Circle\u2019s Arc Blockchain With $222 Million Token Presale"},"content":{"rendered":"\n
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Circle, the company behind the world\u2019s second largest stablecoin by market capitalization, has raised $222 million through the presale of a token connected to its upcoming blockchain network called Arc.<\/p>\n\n\n\n

The funding round pushed the project\u2019s fully diluted valuation to approximately $3 billion. Circle CEO Jeremy Allaire also revealed that the company plans to expand beyond infrastructure and move into the applications sector.<\/p>\n\n\n\n

Major Financial Firms Join the Investment Round<\/strong><\/p>\n\n\n\n

The investment round was led by Andreessen Horowitz, commonly known as A16z. Other major participants included Apollo Funds, ARK Invest, BlackRock, Bullish, Intercontinental Exchange, SBI Group, and Standard Chartered Ventures.<\/p>\n\n\n\n

Circle also released its first quarter earnings report, which highlighted significant growth across its stablecoin ecosystem.<\/p>\n\n\n\n

According to the report, the amount of USDC in circulation increased by 28% during the first quarter, reaching $77 billion.<\/p>\n\n\n\n

Even more notably, on chain transaction volume involving USDC surged more than 260%, climbing to $21.5 trillion.<\/p>\n\n\n\n

The company reported total revenue and reserve income of $694 million for the quarter, representing a 20% increase compared to previous results.<\/p>\n\n\n\n

Arc Token White Paper Goes Live<\/strong><\/p>\n\n\n\n

Circle officially published the white paper for its upcoming ARC token, outlining the token\u2019s proposed role within the Arc blockchain ecosystem.<\/p>\n\n\n\n

The document explained that the token is expected to function as a native coordination asset designed to support governance, network security, and operational activities across the blockchain.<\/p>\n\n\n\n

Speaking with CNBC, CEO Jeremy Allaire said Circle is positioning itself as more than just a stablecoin provider.<\/p>\n\n\n\n

According to Allaire, the company is now entering what he described as the \u201coperating system business\u201d by building a distributed, multi stakeholder network powered by a native token.<\/p>\n\n\n\n

He also confirmed that Circle intends to expand into the applications business as part of its broader strategy.<\/p>\n\n\n\n

Circle Pushes Toward AI Driven Financial Infrastructure<\/strong><\/p>\n\n\n\n

Allaire further explained that the company\u2019s upcoming Agent Stack initiative is intended to create trusted infrastructure for AI native economic activity and a more programmable internet based financial system.<\/p>\n\n\n\n

Meanwhile, Circle\u2019s stock ticker CRCL gained more than 2% in pre market trading activity.<\/p>\n\n\n\n

The company\u2019s shares had already surged around 20% the previous week after two US senators reportedly reached a bipartisan compromise on key issues surrounding the long anticipated stablecoin legislation in the United States.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Circle, the company behind the world\u2019s second largest stablecoin by market capitalization, has raised $222 million through the presale of a token connected to its upcoming...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3013","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3013"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3013\/revisions"}],"predecessor-version":[{"id":3015,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3013\/revisions\/3015"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}