Press Release Blockchain/Fintech 1 min read

Informal Systems Announces Malachite Acquisition by Circle to Power New Arc Blockchain Network

Circle Internet Group, Inc. has acquired Malachite, a high-performance BFT consensus engine developed by Informal Systems, to support the launch of Arc, a new stablecoin-focused Layer-1 blockchain network.

Circle Internet Group Inc. Malachite Informal Systems
Press ReleaseAugust 19, 2025
Circle Internet Group

Circle Internet Group, Inc. has acquired Malachite, a high-performance BFT consensus engine developed by Informal Systems, to support the launch of Arc, a new stablecoin-focused Layer-1 blockchain network.

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