Circle: Announces $400M Funding Round

Circle: Announces $400M Funding Round

• Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies
• Announced it has entered into an agreement for a $400M funding round with investments from BlackRock, Inc.
• In addition to its corporate strategic investment and role as a primary asset manager of
  USDC cash reserves
• BlackRock has entered into a broader strategic partnership which includes exploring capital market applications for USDC
• The new funding promotes continued strategic growth as demand for dollar
  digital currency
• USDC is one of the fastest-growing dollar digital currencies with over $50 billion in circulation