
Circle Raises $222M for Arc to Build Tokenized Operating System
Circle Internet Group raised $222 million in the Arc token presale, valuing Arc at $3 billion on a fully diluted basis. Led by Andreessen Horowitz, with BlackRock, Apollo Funds, ICE and other major investors, Arc is a public blockchain designed for institutional finance and an envisioned multi-stakeholder operating system, with Circle owning 25% of the initial 10 billion tokens, 60% going to builders and users, and 15% held in reserve. Circle says Arc will underpin AI-enabled services on USDC and broader apps, signaling a shift from its pure stablecoin business toward durable, infrastructure-focused revenue.










