Binance Announces $100 Million Investment in Circle Internet Group to Expand Global Platform
Binance, a leading global blockchain ecosystem, has announced a $100 million equity investment in Circle Internet Group, Inc. (NYSE: CRCL). This investment is part of an expanded strategic partnership to promote USDC, a stablecoin backed by US dollars, across Binance’s global platform.
Under the new five-year partnership, Binance will promote the use of USDC, especially in emerging markets, while Circle will provide the necessary infrastructure services for holding and using the stablecoin.
As part of the partnership, Binance has purchased $100 million worth of shares of Circle Class A common stock. This investment was made through a private placement at a purchase price reflecting a five percent discount to the market price of CRCL prior to closing.
“We believe that Circle has established itself as one of the most credible issuers in the world, with its offerings such as USDC, Arc, and its infrastructure that is revolutionizing cross-border value movement,” said Richard Teng, co-CEO of Binance. “Our $100 million investment and five-year commitment demonstrate our long-term conviction in this partnership. Together, we aim to build a more inclusive, transparent, and compliant digital economy.”
Jeremy Allaire, Co-founder, Chairman, and CEO of Circle, also expressed excitement about the expanded partnership. “Binance has built one of the largest and most dynamic platforms in the world for using digital currency. Together, we see incredible opportunities to leverage USDC to expand dollar access, support savings and investment with innovative digital asset products, and reach people and businesses throughout global emerging markets,” he said.
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. The company is trusted by more than 300 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings.
Circle (NYSE: CRCL) is a leading internet financial platform company that is building the foundation of a more open, global economy through programmable blockchain infrastructure, digital assets, and payment applications. The company’s platform includes the world’s largest stablecoin network anchored by USDC, Circle Payments Network for global money movement, and Arc, an enterprise-grade blockchain designed to become the Economic OS for the internet.
This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, assumptions, and projections based on information available at the time the statements were made. They are subject to a number of risks, uncertainties, and assumptions. For a detailed discussion of these risks, uncertainties, and other factors that could cause actual results to differ materially from those anticipated or expressed in any forward-looking statements, please refer to the section entitled “Risk Factors” in Binance’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company assumes no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.
SOURCEBinance