BlackRock Bets on Circle’s Arc: $222M Raised in Major Token Presale
The firm behind the second-largest stablecoin by market cap has efficiently raised $222 million in the presale of a token tied to its new blockchain known as Arc. The absolutely diluted valuation has risen to $3 billion, whereas firm CEO Jeremy Allaire hinted that the agency may even enter into the “apps enterprise.” The Q1…
