Circle Pulls $222 Million From Blackrock and A16z to Launch Arc Blockchain at $3B Valuation

Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside … Read more

South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks

South Korea’s Toss, operated by Viva Republica, is developing a proprietary layer one (L1) blockchain mainnet and native cryptocurrency to integrate across its payment, banking, and securities ecosystem, according to an April 6, 2026, report from the regional blockchain outlet Blockmedia. Key Takeaways: Toss, operated by Viva Republica, is building an L1 blockchain mainnet and … Read more

Naoris Protocol Deploys Post-Quantum Mainnet to Secure Global Digital Infrastructure

Naoris Protocol has officially launched its Layer 1 mainnet to provide decentralized post-quantum security for blockchain networks and critical digital systems. Naoris Protocol announced the official launch of its Mainnet on April 1, 2026, introducing a post-quantum Layer 1 blockchain designed to withstand emerging quantum computing threats. This deployment establishes a production-ready environment where decentralized … Read more

Circle Deploys USDC and CCTP on Pharos Network to Advance RealFi Goals

Pharos Network has deployed Circle’s USDC stablecoin and Cross‑Chain Transfer Protocol on its Layer‑1 blockchain and launched a $10 million incubator program. Establishing a Core Settlement Layer for RealFi The stablecoin USDC and issuer Circle’s Cross-Chain Transfer Protocol (CCTP) have been deployed on the Pharos Network Layer 1 blockchain, in a milestone seen moving the … Read more

Tempo Launches Mainnet With Machine Payments Protocol, Targeting AI-Driven Commerce

Tempo, a Stripe- and Paradigm-backed layer-1 blockchain, has launched its mainnet alongside a new Machine Payments Protocol designed to let AI agents transact autonomously across the internet. Machine Payments Protocol Goes Live as Tempo Targets AI Economy The debut positions Tempo as infrastructure built specifically for payments, not general-purpose blockchain activity, with a focus on … Read more

Bitwise CIO Matt Hougan Challenges the ‘Commodity Blockspace’ Thesis

Ethereum controls roughly 60% of real-world asset ( RWA) tokenization today, but Bitwise CIO Matt Hougan questions whether layer one (L1) blockspace is truly the commodity many investors assume it to be. Bitwise CIO: We Don’t Yet Know What Happens When Crypto Scales to Trillions In a recent post on X, Matt Hougan challenged the … Read more

Ault Blockchain Debuts Public Testnet, Rejects Traditional Token Sale Model

Ault Capital Group has launched the public testnet of Ault Blockchain, a layer one (L1) network built for trading, settlement and institutional-grade onchain infrastructure. Ault Capital Group Launches Public Testnet for Institutional-Focused Ault Blockchain The Las Vegas-based firm, Ault Capital Group, disclosed to Bitcoin.com News that the release marks the first public version of the … Read more

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