The tweet was deleted by the author.
But we saved everything 🙂.
Circle secures $222 million for Arc, Matt Hougan notes
Matt Hougan, industry influencer, highlights Circle's recent $222 million fundraising for Arc, which values the initiative at $3 billion.
He adds that this deal places Arc among the five largest ICOs in history and suggests a possible resurgence of the ICO era.
Hougan has previously observed that institutions have embraced crypto as a store of value, though broad payment use remains limited, according to a recent article. In a separate report, he noted that 51% of over 200 financial advisors in a webinar planned to increase crypto allocations, marking a six-year high, as detailed here. These developments reflect continued institutional engagement with the sector.
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