Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Arca liquidates its Circle stock and announces termination of cooperation

Powered by ChatGPT
吴说
235Words
Jun 7, 2025

Digital asset investment firm Arca has liquidated its Circle stock and announced the termination of their cooperation. Arca's Chief Investment Officer Jeff Dorman criticized Circle for allocating only $135 thousand to it in the IPO, whereas Arca originally subscribed for $10 million. Dorman accused Circle of not communicating in advance, wasting the team's resources, and stated that all Circle accounts will be closed and USDC will no longer be accepted. (Cointelegraph)

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==