The Block (@TheBlockCo): THE BLOCK: Binance has purchased $100 million worth of Circle shares at $80.84 each in a private placement, according to an SEC filing.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
THE BLOCK: Binance has purchased $100 million worth of Circle shares at $80.84 each in a private placement, according to an SEC filing. The companies also agreed to a five-year commercial deal under which Circle will pay Binance monthly fees based on the amount of USDC held through its wallet infrastructure.