Binance Invests $100M in Circle for Strategic Equity Stake
Crypto exchange Binance has invested $100 million in Circle's shares, purchasing 1.24 million units at $80.84 per share.
The investment also includes a five-year partnership extension requiring active promotion of USDC across Binance's global platform.
This strategic equity position tightens liquidity ties between the stablecoin issuer and the world's largest trading venue, Circle.