Binance Makes $100M Bet on Circle and Signs Five-Year USDC Deal

Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets. Binance bought $100 million of Circle Internet Group (NYSE: CRCL) stock in a private placement and signed a five-year agreement to promote USDC. Both companies announced it on Tuesday with an 8-K filing, putting the purchase at 1,237,011 Class A shares at $80.84 each. The agreements were signed on September 17, and the share sale closed the same day, according to the filing, at a five percent discount to CRCL’s market price before closing. The stock closed at $85.09 that day and $94.49 on Monday. Circle 🤝 @binance Circle and Binance are continuing to build together through a new five-year commercial agreement to expand USDC access across emerging markets. Binance has also made a $100M strategic investment in Circle.https://t.co/I0CIUBUoCZ pic.twitter.com/zQ9f9EiYTk — Circle (@circle) September 22, 2026 Not Selling For Up To Two Years Binance agreed not to sell, transfer or hedge the shares for up to two years and keep its voting rights. Also the new agreement “supersedes and replaces” contracts signed in November 2024 and ...