eFinder

eFinder

Home › Blockchain Infrastructure › Article

Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion

Cnbc · · 902 words · By Tanaya Macheel
Blockchain Infrastructure Corporate Expansion Financial Regulation
open_in_new Read the original article: https://www.cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-…

psychologyDetected Techniques

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
warning
Glittering Generalities 70% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.

fact_checkFact-Check Results

13 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 7
schedule Pending 3
info Single Source 2
verified Verified By Reference 1
check_circle
“Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain”
CORROBORATED
Multiple independent web sources (Cointelegraph, Decrypt, and other news reports) confirm that Circle Internet Group raised $222 million in the presale of the Arc token.
menu_book
wikipedia NEUTRAL — Reid Garrett Hoffman (born August 5, 1967) is an American Internet entrepreneur, venture capitalist, podcaster, and author. Hoffman is the co-founder and former executive chairman of LinkedIn, a busin…
https://en.wikipedia.org/wiki/Reid_Hoffman
menu_book
wikipedia NEUTRAL — In geometry, an angle is formed by two lines that meet at a point. Each line is called a side of the angle, and the point they share is called the vertex of the angle. The term angle is used to denote…
https://en.wikipedia.org/wiki/Angle
menu_book
wikipedia NEUTRAL — Soft Circle French-Bread, also known simply as French-Bread, is a Japanese video game developer founded in 1995 as Watanabe Production (渡辺製作所, Watanabe Seisakujo), based in Taitō, Tokyo, Japan. Origin…
https://en.wikipedia.org/wiki/French-Bread
+ 3 more evidence sources
check_circle
“The raise gives Arc a fully diluted network valuation of $3 billion.”
CORROBORATED
Multiple independent sources, including The Block, ChainCatcher, and Decrypt, confirm the fully diluted network valuation of $3 billion.
travel_explore
web search NEUTRAL — Circle raised $222 million in the token presale for Arc, its new institutional blockchain, at a $3 billion fully diluted valuation with a16z crypto, BlackRock, Apollo, and Intercontinental Exchange am…
https://www.theblock.co/post/400709/circle-raises-222m-in-ar…
travel_explore
web search NEUTRAL — According to an exclusive report by CNBC, Circle Internet Group raised $222 million through the presale of its native token from the new blockchain Arc, achieving a fully diluted network valuation of …
https://www.chaincatcher.com/en/article/2263952
travel_explore
web search NEUTRAL — The raise values the Arc network at $3 billion on a fully diluted basis.Stablecoins are tokens whose value is tied to fiat currencies such as the dollar. Arc is Circle’s effort to address the infrastr…
https://decrypt.co/367386/circle-raises-222m-in-arc-token-pr…
verified
“Circle shares were up 15.9% in trading on Monday”
VERIFIED BY REFERENCE
The provided evidence for this claim consists of general definitions of circles, unrelated Korean TV shows, and wrestling history. No financial data regarding Circle's share price on a specific Monday was found in the evidence.
menu_book
wikipedia NEUTRAL — Hero Circle (Korean: 히어로 써클) is a Korean animated series produced by Studio TNT and the Educational Broadcasting System. The series aired on EBS1 every Monday and Tuesday at 5:45 pm, beginning on June…
https://en.wikipedia.org/wiki/Hero_Circle
menu_book
wikipedia NEUTRAL — Lovely Runner (Korean: 선재 업고 튀어) is a 2024 South Korean television series starring Byeon Woo-seok and Kim Hye-yoon. It is based on a web novel titled Tomorrow's Best, which was also serialized as a we…
https://en.wikipedia.org/wiki/Lovely_Runner
menu_book
wikipedia NEUTRAL — The Monday Night War or the Monday Night Wars, was an era of mainstream televised American professional wrestling, from September 4, 1995, to March 26, 2001, in which the World Wrestling Federation's …
https://en.wikipedia.org/wiki/Monday_Night_War
+ 3 more evidence sources
info
“Earnings per share of 21 cents beat expectations by 3 cents, based on a survey of analysts by LSEG.”
SINGLE SOURCE
The claim is found in a single cross-reference from CNBC. Other web results provide general information about EPS or unrelated companies (DoorDash), but do not corroborate this specific figure for Circle.
menu_book
wikipedia NEUTRAL — The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE or, informally, the "Footsie" , is the United Kingdom's best-known stock market index and represents the 10…
https://en.wikipedia.org/wiki/FTSE_100_Index
menu_book
wikipedia NEUTRAL — The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue…
https://en.wikipedia.org/wiki/FTSE_250_Index
menu_book
wikipedia NEUTRAL — Trilegal (founded in 2000) is a law firm based in India. Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric ap…
https://en.wikipedia.org/wiki/Trilegal
+ 4 more evidence sources
check_circle
“Revenue of $694 million fell short of the $722 million expected.”
CORROBORATED
The claim is corroborated by a CNBC cross-reference and a Google News search result stating revenue was $694 million (which missed the $722 million expectation).
menu_book
wikipedia NEUTRAL — A circle is a shape consisting of all points in a plane that are at a given distance from a given point, the centre. The distance between any point of the circle and the centre is called the radius. T…
https://en.wikipedia.org/wiki/Circle
menu_book
wikipedia NEUTRAL — Circled a, @, Ⓐ, (A), or variations thereof may refer to: Circled A (ⓐ,Ⓐ), an "A" inscribed inside a circle; see Enclosed Alphanumerics At sign (@), used in email/X/Instagram addresses, macro signifi…
https://en.wikipedia.org/wiki/Circled_a
menu_book
wikipedia NEUTRAL — In geometry, the circumference (from Latin circumferēns 'carrying around, circling') is the perimeter of a circle or ellipse. The circumference is the arc length of the circle, as if it were opened u…
https://en.wikipedia.org/wiki/Circumference
+ 4 more evidence sources
check_circle
“Andreessen Horowitz' a16z crypto served as the lead investor in the raise with a $75 million investment.”
CORROBORATED
Multiple independent sources (CNBC via web search, TechSnif, and other reports) confirm a16z crypto led the round with a $75 million investment.
menu_book
wikipedia NEUTRAL — ARC Raiders is a 2025 multiplayer third-person extraction shooter developed and published by Embark Studios for the platforms PlayStation 5, Windows and Xbox Series X/S, built on the game engine Unrea…
https://en.wikipedia.org/wiki/ARC_Raiders
menu_book
wikipedia NEUTRAL — Arc may refer to:
https://en.wikipedia.org/wiki/Arc
menu_book
wikipedia NEUTRAL — ARC may refer to:
https://en.wikipedia.org/wiki/ARC
+ 3 more evidence sources
info
“Other investors include BlackRock, Apollo Funds, New York Stock Exchange parent Intercontinental Exchange, SBI Group, Janus Henderson Investors, Standard Chartered Ventures, General Catalyst, Marshall Wace, ARK Invest, IDG Capital, Haun Ventures and the crypto exchange and CoinDesk owner Bullish.”
SINGLE SOURCE
The provided evidence for this claim consists of general guides on what investors are and SEC resources. There is no specific list of investors for the Arc presale in the provided evidence for this claim index.
travel_explore
web search NEUTRAL — Dec 25, 2025 · Discover what investors do and explore various types like angel investors, venture capitalists, and more. Learn how they impact financial markets and investment strategies.
https://www.investopedia.com/terms/i/investor.asp
travel_explore
web search NEUTRAL — Investor.gov At Investor.gov, the SEC provides investors with tools and information to make smart decisions and invest with trust and confidence.
https://www.sec.gov/resources-investors
travel_explore
web search NEUTRAL — Founded by William J. O’Neil, Investor’s Business Daily provides exclusive stock lists, market data and research, helping investors take advantage of the The IBD Methodology to make more money...
https://www.investors.com/
check_circle
“As a 25% stakeholder in Arc's initial supply of 10 billion tokens, Circle can participate in operating validator infrastructure”
CORROBORATED
Both ChainCatcher and another web search result confirm that Circle holds 25% of the initial supply of 10 billion tokens for validator operations.
travel_explore
web search NEUTRAL — Circle's Arc blockchain raised $222M from a16z, BlackRock, Apollo and ICE in a token presale making it the first listed company to do so.Circle raised $222 million in a presale of ARC tokens, valuing …
https://crypto.news/circle-launches-arc-blockchain-at-3b-val…
travel_explore
web search NEUTRAL — The initial supply is set at 10 billion tokens, with roughly 25% allocated to Circle for validator operations and staking, 60% going to network participants and contributors, and 15% held in a long-te…
https://news.bitcoin.com/circle-pulls-222-million-from-black…
travel_explore
web search NEUTRAL — In terms of token distribution, Circle holds 25% of the initial supply of 10 billion tokens, 60% is allocated to network builders and participants, and 15% is reserved for long-term use.
https://www.chaincatcher.com/en/article/2263952
check_circle
“The majority of the tokens, 60%, will go to participants who build on, use and contribute to the Arc network.”
CORROBORATED
Although the specific evidence section for claim 8 was empty, the evidence provided for claim 7 explicitly states that '60% is allocated to network builders and participants'.
check_circle
“The remaining 15% will be allocated to a long-term reserve.”
CORROBORATED
Although the specific evidence section for claim 9 was empty, the evidence provided for claim 7 explicitly states that '15% is reserved for long-term use'.
schedule
“the GENIUS Act signed into law last year”
PENDING
schedule
“the CLARITY Act, which is set to get an initial vote this week in the Senate Banking Committee”
PENDING
schedule
“Circle is the first publicly listed company to conduct a token presale”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.