FORBES · 2026-11-13 18:20 UTC

Crypto's Newly Public Companies Are Racing For A New Growth Engine

Circle reported $865 million in total revenue and reserve income for Q3 2026, up 17% year over year, including $182 million from the presale of ARC tokens tied to its Arc blockchain. Excluding the token presale, Circle's revenue would have been $683 million, down about 8%, with reserve income from USDC backing falling 8% to $658 million. BitGo reported $2.85 billion in revenue for the quarter, down 50.9%, with digital asset sales making up $2.72 billion and a net contribution of $4.2 million after associated costs.

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