Back to collectionBinance Invests $100 Million in Circle
A five-year commercial agreement pairs a $100 million private placement with expanded USDC distribution and infrastructure work.
Circle and Binance announced on September 22 that Binance had invested $100 million in Circle and renewed their commercial relationship for five years. Circle’s SEC filing says the parties entered the arrangements on September 17: Binance bought 1,237,011 Class A shares at $80.84 each in a private placement, with transfer restrictions lasting up to two years.
The agreement calls for Binance to promote USDC across its products, particularly in emerging markets, while the companies explore Circle infrastructure for payments and financial services. Those are contractual plans, not evidence that every proposed integration is already deployed. Circle says proceeds will support growth and stablecoin adoption; neither the announcement nor the filing establishes the later customer uptake or market impact.
- Binance private placement
- 100,000,000 USD
- Class A shares purchased
- 1,237,011 count
- Private-placement price per share
- 80.84 USD