Fintech Company Circle Completes $440 Million Seed Funding

Circle,the crypto finance company that develop the USDC stablecoin has successfully raised $440 Million in a single funding round.

CEO Jeremy Allaire states the investment fund will be used to boosts growth and expansion in new markets.

Investors in the seed funding are Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, Pillar VC, as well as Michael J. Price and Friends.

Circle is a global financial technology firm that enables businesses to harness the power of stablecoins and public blockchains for payments, commerce and financial applications worldwide.

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