Circle Internet Group agrees $20.25M sale of 67.5M ARC tokens at $0.30, implies $3B valuation

Circle Internet Group agreed to sell 67.5 million ARC tokens in a second presale closing at $0.30 each, raising about $20.25 million and implying a $3 billion fully diluted valuation.Key Highlights:Original SEC Filing: Circle Internet Group, Inc. [ CRCL ] - 8-K - Jul. 02, 2026This is an AI-powered…

Circle Internet Group agreed to sell 67.5 million ARC tokens in a second presale closing at $0.30 each, raising about $20.25 million and implying a $3 billion fully diluted valuation.

Key Highlights:

Private placement: 67.5M ARC tokens sold to institutional investors under Rule 506(c), raising ~ $20.25M.
Price and valuation: $0.30 per ARC implies a fully diluted network valuation of $3 billion.
Lock-up: Investors agreed not to transfer tokens for at least one year after transition to Proof-of-Stake, with some restrictions up to four years.
Repayment rights: Agreements include repayment triggers if tokens aren't delivered or the network fails to transition to PoS/delegated PoS by May 8, 2028, or if certain legal/compliance conditions aren't met.

Original SEC Filing:

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