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Tag: Circle

October 13, 2018

Goldman Sachs’ Circle Acquired SpeedInvest, Betting Big On Token-Based Crowdfunding

The Goldman Sachs-backed cryptocurrency firm, Circle, acquired SpeedInvest to spearhead its token-based crowdfunding project. SpeedInvest is a licensed broker-dealer which precisely offers what Circle needs for its blockchain-based financial ecosystem. Circle, which is a p2p crypto payment company, is believing that digital assets and blockchain technology are the future of the financial system. Circle is primarily … Continue reading “Goldman Sachs’ Circle Acquired SpeedInvest, Betting Big On Token-Based Crowdfunding”

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October 6, 2018

Circle’s USD Coin (USDC), Backed By Goldman Sachs, Got Support From Six Companies

Circle, the crypto platform backed by Goldman Sachs, recently announced that no less than six companies want to support the newly launched Circle’s stable coin, the USD Coin (USDC). “USDC was launched by the CENTRE open source consortium last week and Circle was the first commercial issuer. Individuals and institutions can enroll in this service … Continue reading “Circle’s USD Coin (USDC), Backed By Goldman Sachs, Got Support From Six Companies”

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October 5, 2018

Circle, the Goldman Sachs-Backed Crypto Platform, Sells Cryptocurrency Index Funds

Recently, Circle Invest, a Goldman Sachs-backed crypto platform, decided to sell three new collections of index funds for cryptocurrencies, as reported by CCN. According to the Senior Vice President at Circle, Divya Agarwalla, the Circle’s “Buy the Market” feature is a very successful one as more than 30% of the platform’s clients are using it. The three … Continue reading “Circle, the Goldman Sachs-Backed Crypto Platform, Sells Cryptocurrency Index Funds”

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September 27, 2018

Crypto News: Circle Launches A Stablecoin; Tim Draper And Peter Brandt Claim Bitcoin Hit Its Lowest Level At $6,350

The crypto market has been very volatile these days with some coins surging to the moon thanks to exciting announcements in the cryptosphere, and others, more specifically Bitcoin, dropping a lot. Circle launches its stablecoin Meanwhile, Berminal reports that Circle announced that from now on, individuals and institutions would be able to tokenize physical currency … Continue reading “Crypto News: Circle Launches A Stablecoin; Tim Draper And Peter Brandt Claim Bitcoin Hit Its Lowest Level At $6,350”

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May 16, 2018

Circle Raises $110 Million & Plans To Issue USD-C Token, A Viable Replacement For Tether

Circle crypto firm brings enthusiasts an exciting announcement. Circle shared the great news that it managed to raise $110 million via a Series E fundraising round that was led by the Chinese company Bitmain Technologies. Now, Circle enters Coinbase, and it’s proudly wearing the tag of the best-founded crypto companies in the U.S. Circle also … Continue reading “Circle Raises $110 Million & Plans To Issue USD-C Token, A Viable Replacement For Tether”

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February 28, 2018

What Circle’s Acquisition of Poloniex Means for Crypto (Especially Small Altcoins)

On February 26, fintech startup Circle announced it had closed a deal to buyout the cryptocurrency exchange Poloniex for reportedly $400 million—it is the largest acquisition in crypto history. The acquisition is intriguing because it may reveal information about the trajectories of Circle and Poloniex, sentiment of Circle’s venture capital backers, and new services that … Continue reading “What Circle’s Acquisition of Poloniex Means for Crypto (Especially Small Altcoins)”

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