# Arc

Type: Technology

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/arc-technology
Canonical HTML page: https://getfinancebrief.com/entity/arc-technology

## Timeline

- **2026-09-22**: Circle files 8-K — The company discloses the share sale and expanded commercial agreement details to the SEC.
- **2026-09-17**: Private placement closes — Circle sells Binance 1,237,011 Class A shares at $80.84 per share, raising $100 million; the expanded five-year commercial deal takes effect.
- **2026-09-16**: Circle launches Arc Layer 1 network — Arc goes live with BlackRock, DTCC, and Visa as founding validators and USDC as gas token; Binance is among the exchanges providing routes onto it.
- **2025-08**: Second agreement replaces initial terms — The companies sign a revised agreement, the second version of the tie-up.
- **2024-11**: First Circle-Binance commercial agreement signed — Circle and Binance enter the first version of their USDC-focused arrangement, later announced in December at Abu Dhabi Finance Week.

## Recent coverage (1 stories)

### Binance Buys $100M Circle Stake at $80.84/Share, Locked 2 Years
2026-09-22 12:55:27 · Sentiment: Bullish · Impact: 8/10 · Sources: 2

Circle raised $100 million from Binance through a private placement at $80.84 per share, locked for two years, as part of a five-year USDC distribution agreement. The stake was already worth about $116.9 million at September 21 prices, but Binance cannot realize that gain until the lock-up ends.
Full story: https://getfinancebrief.com/story/binance-circle-100m-stake-usdc-deal-finance

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