Circle Internet Group Gains 16% as Arc Blockchain Raise Draws Blackrock and Apollo
By Jamie Redman | 2026-05-11 21:13:15 | 4 months ago
While American bankers, lawmakers, stablecoin issuers, and crypto exchanges trade barbs, Circle investors appear entirely unbothered.
Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s close, after the stablecoin issuer announced a $222 million pre-launch token sale for its new layer-one (L1) blockchain project, Arc, backed by Blackrock, A16z, Apollo,
Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s close, after the stablecoin issuer announced a $222 million pre-launch token sale for its new layer-one (L1) blockchain project, Arc, backed by Blackrock, A16z, Apollo,
keywords : Crypto News|Circle|stocks|us equities
sentiment : POSITIVE
category data : BLOCKCHAIN | BUSINESS | TOKEN SALE | CRYPTOCURRENCY