The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On May 13, Circle raised $222 million in an Arc token presale at a $3 billion valuation, with support from BlackRock, Apollo, and a16z. The company reported a 20% revenue growth in Q1, with revenues reaching $694 million and USDC transactions soaring by 262% year-over-year. Circle's shares jumped over 4% in premarket trading following the release of a positive earnings report.