CryptoProwl
Mon, May 11, 2026 astatine 7:46 AM CDT 2 min read
Circle Internet Group (NYSE: $CRCL) has raised $222 cardinal U.S. from the presale of Arc, the autochthonal token of its caller blockchain.
The Arc token is being presold arsenic Circle looks to diversify beyond its halfway concern of issuing USD Coin (CRYPTO: $USDC), its fashionable stablecoin.
Andreessen Horowitz served arsenic the pb capitalist with a $75 cardinal U.S. acquisition of Arc.
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Other salient investors see BlackRock (NYSE: $BLK), Apollo (NYSE: $APO), and New York Stock Exchange genitor institution Intercontinental Exchange (NYSE: $ICE).
The presale investments springiness the Arc token a web valuation of $3 cardinal U.S.
Arc is simply a nationalist blockchain designed for organization finance. Circle Internet Group says that it’s astir much than stablecoins and payments, stressing that it tin “run the existent economy.”
As a 25% stakeholder successful Arc’s archetypal proviso of 10 cardinal tokens, Circle tin enactment successful operating validator infrastructure, generating caller interest gross and earning staking rewards.
The bulk of the tokens (60%) volition spell to participants who usage and lend to the Arc network, says Circle.
Circle adds that the Arc token is being issued arsenic the planetary system becomes progressively machine-operated, with artificial quality (A.I.) agents handling much of the enactment typically managed by humans.
The institution besides unveiled a acceptable of services and tools designed to assistance developers physique A.I. agents that tin negociate transactions, entree online services and marque payments utilizing USDC.
Analysts accidental that if Arc is successful, it could let Circle to ain much of the infrastructure that its USDC stablecoin runs on.
Currently, USDC depends connected networks specified arsenic Ethereum (CRYPTO: $ETH) and Solana (CRYPTO: $SOL) for colony and distribution.
Stablecoins are cryptocurrencies pegged to different asset, typically the U.S. dollar.
CRCL banal has risen 36% this twelvemonth to commercialized astatine $113.67 U.S. per share.

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