Key Takeaways:Arca sold all its Circle shares after receiving only a small allocation in the stablecoin issuer’s IPO.
Arca will also cut ties with Circle and stop accepting USDC in its…
Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to Arca during the stablecoin issuer’s recent initial public offering.…