Circle Raises $222M to Fund Arc Institutional-Grade Blockchain Platform
CRCL•Circle has raised $222 million to support the development and launch of Arc, an institutional-grade blockchain platform for financial institutions. The funding will finance expansion of Arc’s custody, settlement services and compliance tooling aimed at professional investors.
1. Funding Round Overview
Circle has closed a $222 million financing round to back Arc, its new institutional blockchain platform designed for banks, asset managers and other professional investors. The raise attracted strategic and financial investors focused on regulated digital asset infrastructure.
2. Planned Deployment and Features
Proceeds will be allocated to scale Arc’s network infrastructure, expand custody and settlement offerings, and develop compliance, auditing and risk management tools for institutional clients. Circle aims to leverage Arc to meet growing demand for regulated, high-speed crypto settlement solutions.
