Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, BlackRock is reportedly seeking to acquire a 10% stake in Circle ahead of its IPO. GameStop has announced its first investment in Bitcoin, and US Representative Bryan Steil told Cointelegraph that crypto legislation should remain free of unrelated policy provisions.

BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO).

According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to raise $624 million in its initial public offering.

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