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M&A

Circle / Informal Systems

Lane
M&A
Announced
18 Aug 2025
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
Informal Systems, a leader in blockchain infrastructure and protocol design, announced on August 12 that its high-performance consensus engine, Malachite, has been acquired by Circle Internet Group, Inc. (NYSE: CRCL) (Circle), a global financial technology firm, to support the launch of Arc 1 , a new open Layer-1 blockchain network purpose-built for stablecoin finance.
Source

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