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EconomyMediumScore 6.0

Circle raises $222 million in Arc token presale at a $3 billion valuation. The funding round was led by a16z with a $75 million investment and included participation from BlackRock.

Circle has raised $222 million through a presale of its native Arc token at a $3 billion valuation, with a $75 million investment led by a16z and participation from BlackRock.

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