Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing

Bullish-1.66%

5 Aug, 11:13

Source: CoinDesk

AI Summary

Circle shares surged 10% in pre-market trading as earnings beat and institutional adoption of its Arc layer 1 blockchain offset a revenue miss.

Shares jumped 10% in pre-market trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc.