Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure. Binance bought $100 million in Circle shares through a private placement that closed Sept. 17, acquiring 1.24 million shares at $80.84 each. Binance generally cannot sell, transfer or hedge the shares for up to two years, though it retains voting rights. Under an expanded five-year partnership, Circle will pay Binance monthly incentives tied to USDC holdings, wh…
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