Odaily Planet Daily reports that Circle Ventures announced an investment in the decentralized trading platform edgeX, with specific amounts and valuation details not disclosed. Circle also plans to introduce its stablecoin USDC and cross-chain transfer protocol (CCTP) to edgeX’s blockchain EDGE Chain. It is reported that the two companies began negotiations at the end of 2025 and finalized the investment transaction last month. Circle Ventures is the sole investor in this funding round. (The Block)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle's stock price surges, triggering a short squeeze, with Bernstein reaffirming a target price of $190.
The stock price of stablecoin issuer Circle surged significantly after the earnings report was released, reaching a new high since November. As a result, hedge funds suffered a loss of $500 million. Circle's Q4 earnings report showed better-than-expected revenue and profit performance. Bernstein maintained its $190 target price, indicating the market's optimism about its future growth.
ChainNewsAbmedia5m ago
CRCL stock price breaks above $90, Circle's earnings surpass expectations, decoupling from the crypto market
Circle (CRCL) stock price briefly surged past $90 after the earnings report, reaching a recent high and continuing approximately a 30% increase. Bernstein and Mizuho Securities both issued ratings on its future performance, with Bernstein predicting a target price of $190, and Mizuho raising its target to $90. The earnings report showed revenue growth and diversification for Circle, especially with an increased proportion of USDC held in-house. Additionally, the activity level of the predictive market Polymarket is seen as a key factor for sustained growth, but the risk of rate cuts could impact reserve income and stock performance.
MarketWhisper44m ago
Circle stock price hits $90, analysts optimistic about diversified growth in stablecoin business
Circle's stock price rose due to better-than-expected Q4 performance, surpassing $90 at its peak. Analysts remain optimistic about its growth potential, believing that Circle is performing well in infrastructure expansion and new product development, and expect revenue diversification to enhance overall profitability.
GateNews3h ago
$USDT and $USDC Dominate Top Stablecoins By Market Capitalization
The essay analyzes the market capitalization of stablecoins, highlighting Tether's dominance at 59.30% of a total market cap of $315.33B. It lists other key stablecoins like USD Coin and Dai, detailing their market caps and 24-hour volumes.
BlockChainReporter4h ago
Circle Earnings Surge as Allaire Ties AI to Stablecoins
Circle's quarterly earnings surpassed expectations, highlighting strong growth in USDC supply and onchain activity. CEO Jeremy Allaire emphasized the convergence of AI, blockchain, and stablecoins for future economic participation, leading to a 35% stock surge.
CryptoFrontNews10h ago
ETH short-term decline of 0.96%: On-chain capital inflow to exchanges and USDC burn trigger liquidity contraction and selling pressure resonance
On February 26, 2026, from 15:15 to 15:30 (UTC), ETH experienced a significant price fluctuation. The candlestick data shows a return of -0.96%, with the price range fluctuating between 2016.51 and 2042.51 USDT, with an amplitude of 1.27%. During this period, market trading volume sharply increased compared to the previous hour, market attention heightened, volatility intensified, and investor sentiment turned cautious.
The main driving force behind this fluctuation was changes in the on-chain capital flow structure. Large transfers by ETH whales occurred in the morning hours, with inflows into a certain trading platform, and short-term selling pressure concentrated, further accelerating the downward movement.
GateNews10h ago
