{"id":15801,"date":"2026-05-12T08:19:32","date_gmt":"2026-05-12T08:19:32","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/12\/circle-shares-close-16-higher-after-222m-token-sale-mixed-earnings-siliconangle\/"},"modified":"2026-05-12T08:19:32","modified_gmt":"2026-05-12T08:19:32","slug":"circle-shares-close-16-higher-after-222m-token-sale-mixed-earnings-siliconangle","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/12\/circle-shares-close-16-higher-after-222m-token-sale-mixed-earnings-siliconangle\/","title":{"rendered":"Circle shares close 16% higher after $222M token sale, mixed earnings – SiliconANGLE"},"content":{"rendered":"

UPDATED 19:19 EDT \/ <\/span>MAY 11 2026<\/span> <\/span>
\t \t\t by \t Maria Deutscher<\/span> \t <\/a> \t
Shares of Circle Internet Group Inc. closed 16% higher today after it reported earnings, announced a token sale and debuted a new set of developer tools.<\/span>
NYSE-listed Circle issues the popular USDC stablecoin. Users can purchase the U.S. dollar-denominated token by depositing fiat currency in accounts operated by the company. The interest that those deposits collect accounts for the bulk of Circle\u2019s revenue, while the rest comes from a lineup of developer tools.<\/span>
The company ended the first quarter with sales of $694 million, 20% more than a year earlier. The interest income that the company earns from users\u2019 fiat deposits accounted for $653 million of that sum, which represents a 17% year-over-year increase. The total value of USDC in circulation reached $77 billion at the end of the quarter.\u00a0<\/span>
Circle\u2019s revenue missed the consensus estimate by $28 million. The fact that the company\u2019s stock nevertheless closed higher may partly be the result of its earnings numbers, which topped expectations.\u00a0<\/span>
Circle ended the third quarter with adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, of $151 million. That amounts to adjusted earnings of 21 cents per share, or three cents more than what the market expected. It\u2019s also 24% higher than the profit Circle delivered a year earlier.<\/span>
The token sale that the company announced in conjunction with its earnings report may have also factored into its share price gain. Circle disclosed that it has raised $222 million in a presale of its Arc token. According to CNBC<\/a>, the cryptocurrency now has a market capitalization of $3 billion.<\/span>
Arc is powered by a Circle-developed blockchain of the same name that is currently undergoing testing. It\u2019s optimized for enterprise use cases such as lending. One Arc\u2019s main selling point is its predictable transaction fee structure, which avoids the price fluctuations that affect some competing blockchains.<\/span>
Circle\u2019s token sale was led by Andreessen Horowitz. It was joined by York Stock Exchange operator Intercontinental Exchange Inc,. BlackRock, Apollo Funds and other Wall Street heavyweights. Circle says several major financial institutions are piloting Arc as part of their cryptocurrency adoption programs.<\/span>
The third major update the company announced today relates to its lineup of developer tools. One of the services in the suite, Wallets, enables consumer finance companies to embed crypto wallets into their apps. The other tools ease adjacent use cases such as moving funds across blockchains.<\/span>
Circle today debuted a new collection of developer tools called the Circle Agent Stack that enables artificial intelligence agents to make payments. The suite is underpinned by Agent Wallets, a service that gives AI agents access to digital wallets. Developers can set spending rules to limit how agents use the funds at their disposal.\u00a0<\/span>
Another new service, Nanopayments powered by Circle Gateway, enables agents to make purchases valued at as little as $0.000001. Circle envisions AI applications using the feature to purchase small items such as onetime access to a piece of data. Agents can also buy access to other agents.\u00a0<\/span>
Developers can create wallets and launch transactions through a new command line interface called Circle CLI. It\u2019s joined by the Agent Marketplace, a portal for finding services to which agents can purchase access.\u00a0<\/span>
\u201cFinancial infrastructure has historically been built for people, with manual onboarding, approvals and payment flows that were never designed for software acting on its own,\u201d said Circle co-founder and Chief Executive Jeremy Allaire. \u201cWe believe the next phase of the global economy will be increasingly AI- and agent-driven.”
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network<\/strong>, where technology leaders connect, share intelligence and create opportunities.
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.<\/span>
Cowboy Space raises $275M to build orbital AI data centers
Circle shares close 16% higher after\u00a0$222M token sale, mixed earnings
With $50M in funding, Frame Security takes aim at AI-powered social engineering
OpenAI launches professional services business with $4B investment
On theCUBE Pod: IBM Think goes AI first and Musk buries the hatchet with Anthropic
Quiq extends its AI agent platform into voice as enterprise rollouts move past pilots
Cowboy Space raises $275M to build orbital AI data centers
EMERGING TECH<\/span> – BY MARIA DEUTSCHER<\/span><\/a> . 45 MINS AGO<\/span><\/span>
Circle shares close 16% higher after\u00a0$222M token sale, mixed earnings
BLOCKCHAIN<\/span> – BY MARIA DEUTSCHER<\/span><\/a> . 3 HOURS AGO<\/span><\/span>
With $50M in funding, Frame Security takes aim at AI-powered social engineering
SECURITY<\/span> – BY DUNCAN RILEY<\/span><\/a> . 3 HOURS AGO<\/span><\/span>
OpenAI launches professional services business with $4B investment
AI<\/span> – BY MARIA DEUTSCHER<\/span><\/a> . 5 HOURS AGO<\/span><\/span>
On theCUBE Pod: IBM Think goes AI first and Musk buries the hatchet with Anthropic
AI<\/span> – BY DEVONY HOF<\/span><\/a> . 11 HOURS AGO<\/span><\/span>
Quiq extends its AI agent platform into voice as enterprise rollouts move past pilots
AI<\/span> – BY DUNCAN RILEY<\/span><\/a> . 12 HOURS AGO<\/span><\/span>
Forgot Password?<\/a>
Like Free Content? Subscribe to follow.<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UPDATED 19:19 EDT \/ MAY 11 2026 by Maria Deutscher Shares of Circle Internet Group Inc. closed 16% higher today after it reported earnings, announced a token sale and debuted a new set of developer tools.NYSE-listed Circle issues the popular USDC stablecoin. Users can purchase the U.S. dollar-denominated token by depositing fiat currency in accounts […]<\/p>\n","protected":false},"author":1,"featured_media":15802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-15801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/15801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=15801"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/15801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/15802"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=15801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=15801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=15801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}