🏢Company

Sumitomo Corporation

3 articles
First tracked: Aug 5, 2026
Last updated: Aug 6, 2026

Latest Coverage

Circle unveils big name validators for Arc blockchain ahead of mainnet launch

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Circle’s Arc draws high-profile validators (BlackRock, DTCC, Standard Chartered, Visa) ahead of a September public mainnet launch, with tokenisation plans via DTCC and deep institutional involvement signaling potential revenue and risk shifts.

Aug 6, 20261%

Bernstein says Circle’s Q2 counters bearish concerns over competition, reserve income

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Bernstein reiterates Circle Outperform with Q2 revenue of $701M (up 7% YoY, modestly below consensus), EBITDA $143M, reserve income ~95% of revenue; Arc blockchain launch and regulatory approvals underpin future revenue, USDC circulation at $73.3B, and a $140 price target implying substantial upside amid ongoing partnerships and staking/fees potential.

Aug 6, 20261%

Circle names BlackRock, DTCC among Arc validators as Q2 revenue hits $701 million

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Circle names BlackRock, DTCC among Arc validators while reporting Q2 revenue of $701M, USDC circulation at $73.3B, and securing federal/state charters as Arc mainnet launches Sept 16.

Aug 5, 20261%

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