Circle raises $100 million from Binance, agrees to five-year USDC partnership
🔥 Circle sold Binance $100 million in shares and signed a five-year USDC deal. 💰 Binance received 1,237,011 shares at $80. 84 each, with a two-year lockup on sales.
📈 The agreement deepens Binance’s role as a USDC distribution partner for Circle. 🕵️♂️ Federal prosecutors are investigating Binance over potential U. S.
Iran sanctions breaches.
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