Every story we've covered involving private-placement.
Binance purchased $100 million of Circle stock through a private placement that closed on Sept. 17, acquiring 1.24 million Class A shares at $80.84 apiece. The deal accompanies an expanded five-year commercial arrangement under which Circle will pay Binance monthly incentives tied to USDC balances held via Circle’s wallet service and Binance will promote the stablecoin on its platform.
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