Circle Raises $222M for Arc Blockchain | Flash News Detail | Blockchain.News
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5/11/2026 2:31:00 PM

Circle Raises $222M for Arc Blockchain

Circle Raises $222M for Arc Blockchain

Circle lands $222 million from BlackRock and Apollo in Arc token presale, hitting $3 billion valuation as blockchain funding surges in 2026.

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Analysis

Circle just locked in $222 million from heavyweights like BlackRock, Apollo, and others for its Arc token presale, valuing the new blockchain at a whopping $3 billion. This deal underscores the blockchain funding surge we're seeing, with capital pours rivaling last year's Bitcoin hype that drove BTC to new heights. Investors are betting big on crypto presale success amid rising new blockchain valuation trends, signaling massive inflows ahead as Matt Hougan predicts scales that will stun the market.


Matt Hougan

@Matt_Hougan

Bitwise Invest's CIO and FutureProof co-founder, former ETF.com CEO bringing deep investment expertise to digital assets.