Reports suggest that Binance has acquired $100 million in Circle equity. This potential investment follows a formal partnership established in December 2024, which included a $60 million fee paid to Binance and commitments to hold billions in USDC.
Circle completed its IPO on the New York Stock Exchange under the ticker CRCL. While the equity purchase remains unconfirmed by official SEC filings, the company continues to pursue distribution deals to strengthen the market position of USDC against USDT.
Public disclosures through mid-2026 do not explicitly confirm the Binance transaction. Some analysts suggest the reported figure might be confused with Circle's acquisition of Hashnote Holdings for approximately $100 million in early 2025.
Investor Duan Yongping disclosed a $19 million position in Circle during the first quarter of 2026. Market participants are now awaiting upcoming quarterly filings, such as the 10-Q, to verify any significant changes in Circle's shareholder structure.
