KIC Invests in Circle

The Korea Investment Corporation (KIC), a sovereign wealth fund, has made a new investment in Circle, a stablecoin issuer. According to data from the U.S. Securities and Exchange Commission (SEC) on the 12th, KIC holds 60,443 shares of Circle as of the second quarter of 2026, with a total value of $4,098,695 (approximately 5.83 billion KRW). This is KIC's first investment in Circle. Previously, KIC had invested in five cryptocurrency-related companies: Stratech, Coinbase, Block, Robinhood, and Riot Platforms. In the second quarter of 2026, KIC reduced its holdings in Stratech, Coinbase, and Riot while increasing its holdings in Block and Robinhood. As a result, the total value of its holdings decreased. The changes in stock holdings for the first and second quarters of 2026 are as follows: Stratech: $10,609,373 (1.51 billion KRW) → $7,167,726 (1.03 billion KRW) [32% decrease], Coinbase: $52,988,897 (7.55 billion KRW) → $36,932,205 (526 million KRW) [30% decrease], Block: $17,245,903 (2.46 billion KRW) → $27,342,672 (389 million KRW) [58% increase], Robinhood: $45,875,075 (653 million KRW) → $87,957,092 (1.25 billion KRW) [92% increase], Riot: $4,946,151 (70 million KRW) → $8,420,418 (120 million KRW) [70% increase], Total: $131,665,399 (18.75 billion KRW) → $167,818,133 (23.90 billion KRW) [27% increase].

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.