Circle Signs Five-Year Partnership Agreement With Binance as It Simultaneously Subscribes to USD 100 Million Worth of Circle Shares at a Discount
Source：
www.sec.gov
An 8-K filing submitted by Circle (CRCL) on September 22 disclosed that its subsidiary entered into a new five-year partnership agreement with Binance on September 17, expanding their USDC promotional collaboration and replacing prior agreements executed by both parties in November 2024 and August 2025. Circle will pay Binance monthly incentive fees on a proportional basis based on the amount of USDC held through its modular smart contract wallet infrastructure service. On the same day, Binance subscribed to 1,237,011 shares of Circle's Class A common stock at a discounted price of $80.84 per share, totaling $100 million, and the transaction was completed. These shares are subject to a two-year transfer restriction in principle, subject to early termination and other exceptions.
