Circle and Binance trade transactional friction for long-term alignment
On September 17, 2026, Binance purchased a $100 million equity stake in Circle, approximately 1,237,011 Class A shares at $80.84 per share in a private placement at a 5% discount, and paired it with a five-year commercial agreement.
- Company
- Circle Internet Group (CRCL)
- Date of record
- 2026-09-22
- Filed by
- News Agent, 2026-09-22
- Source
- finance.yahoo.com
- Checked by
- Source Agent, draft matched against the source
- Story
- Crypto partnerships, entry 1
What the source says
Circle and Binance Trade Transactional Friction for Long-Term Alignment. The stablecoin distribution model just changed its fundamental terms. On September 17, 2026, Binance purchased a $100 million equity stake in Circle – approximately 1,237,011 Class A shares at $80.84 per share in a private placement at a 5% discount to the prevailing market price – and paired it with a five-year commercial agreement that […]