Tagged: circle

April 24, 2019 @ 3:47 pm By JD Alois  |  

SeedInvest, an online capital formation platform that claims over 250,000 registered investors (50,000 accredited), is planning a significant expansion. SeedInvest is a full stack crowdfunding platform leveraging all three securities exemptions to raise capital online from seed stage an up. In the fall of 2018,… Read More

April 11, 2019 @ 2:08 pm By Cali Haan  |  

The IMF’s Christine Lagarde hosted a panel discussion on “Payments in the Digital Age” at the IMF’s Spring Meetings held this week in Washington, DC. A video of the panel is provided by CNBC international TV and can be viewed here. Panelists included the ECB’s… Read More

March 4, 2019 @ 10:01 am By JD Alois  |  

FINRA has given their stamp of approval to the acquisition of SeedInvest by Circle. The crypto focused company announced the purchase of SeedInvest in October of 2018.  The acquisition of a regulated securities crowdfunding platform by the blockchain based Circle represented a seminal turning point… Read More

February 6, 2019 @ 2:19 pm By Cali Haan  |  

Forbes’ “Fintech 50” list of the world’s top financial tech firms includes only 6 “blockchain” companies this year, down from 11 listed last year, Cointelegraph reports. The companies that fell from the list were reportedly replaced by established firms and by new entrants, 20 of… Read More

February 6, 2019 @ 10:58 am By Cali Haan  |  

Private shares for “global crypto finance company” Circle that sold in a Series E fundraise last May for $16.23 each are reportedly available for sale on SharesPost now for $3.80, The Block reports. The May raise put Circle’s valuation at $3.01 billion. Though The Block… Read More

January 5, 2019 @ 2:50 pm By JD Alois  |  

Digital asset platform Circle has published interesting insight into platform performance during 2018. According to the company, 2018 was a “whirlwind of a year.” Circle states that they currently serve over 8 million customers from all around the world. Transactions totaled $75 billion during the… Read More

October 23, 2018 @ 3:24 pm By Samantha Hurst  |  

Crypto marketplace Coinbase announced on Tuesday it has teamed up with Circle to launch the USDC stablecoin. Coinbase reported that the new stablecoin is fully collateralized by U.S. dollars and supported by the marketplace and Circle as co-founding members of the CENTRE Consortium. According to Coinbase, customers… Read More

October 15, 2018 @ 11:51 am By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Monday it is now offering the option for merchants to receive settlement in Circle and the CENTRE USD//Coin (USDC) and the Gemini Dollar (GUSD), which are both stablecoins pegged to the U.S. Dollar. According to BitPay, merchants and businesses around the world can accept… Read More

October 9, 2018 @ 1:26 pm By JD Alois  |  

Fast moving Fintech Circle has launched a few new products. First, Circle has released a new mobile App for both iOS and Android for Poloniex users to be able to trade cryptocurrency anytime – anywhere. Even better, the native app is both localized and available… Read More

October 5, 2018 @ 11:28 am By JD Alois  |  

SeedInvest, one of the leading US based investment crowdfunding platforms, is being acquired by crypto firm Circle. The news was reported in a blog post by Circle that stated SeedInvest was being acquired as it seeks to enable startups to issue security tokens using blockchain, while… Read More

September 26, 2018 @ 1:12 pm By Samantha Hurst  |  

Boston-based Circle announced on Wednesday the launch of its USD coin. Circle reported that it and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet, which is USD//Coin, also known as USDC. Circle previously announced plans… Read More

September 21, 2018 @ 9:16 am By JD Alois  |  

Cryptocurrency exchange Poloniex has announced it will de-list eight cryptocurrencies – effective September 25 at 12:00 noon ET. The eight crypto listings in question include: BTCD, BTM (Bitmark), EMC2, GRC, NEOS, POT, VRC, XBC. Poloniex gave users until October 25th to close any existing trades in… Read More

September 13, 2018 @ 4:26 pm By JD Alois  |  

Divya Agarwalla, SVP and, Head of Product at Circle, has recently posted some data pertaining to crypto based off of a commissioned survey of over 3,000 Millennials, Gen-Xers, and Baby Boomers in the US. So what did they uncover? See the bullets below: There is a gender… Read More

June 6, 2018 @ 2:47 pm By Samantha Hurst  |  

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More

May 16, 2018 @ 4:05 pm By Samantha Hurst  |  

On Tuesday, Boston-based Circle announced it has formed partnerships with USD Coin and Bitmain. Founded in 2013, Circle offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay, allows users to send money like a text; Circle Trade, the company’s OTC trading… Read More

April 17, 2018 @ 3:04 pm By JD Alois  |  

The New York Attorney General Eric T. Schneiderman has sent a letter to 13 different cryptocurrency exchanges. Described as a fact-finding inquiry into the policies and practices of platforms used by consumers to trade cryptocurrencies, the AG labeled the move the Virtual Markets Integrity Initiative. The… Read More

March 7, 2018 @ 11:28 am By JD Alois  |  

The Securities and Exchange Commission (SEC),  Divisions of Enforcement and Trading and Markets, has published a statement on “online trading platforms,” or cryptocurrency exchanges, that trade in tokens minted by initial coin offerings (ICOs) and digital assets in general. The SEC stated: “The platforms often… Read More

February 27, 2018 @ 10:48 am By JD Alois  |  

As we reported yesterday, Circle has acquired cryptocurrency exchange Poloniex for $400 million. Not a small sum. But Poloniex has a small issue it must address soon. It is currently operating as an un-licensed securities exchange. Additional information regarding the acquisition surfaced yesterday that indicated… Read More

February 26, 2018 @ 8:25 pm By JD Alois  |  

  Circle’s acquisition of cryptocurrency exchange Poloniex was big news today. The combination of the two platforms may create a powerful payments / money transfer / digital currency exchange with a global presence. Simultaneously, questions crocked up about Poloniex’s exchange site that is operating without… Read More

February 26, 2018 @ 1:18 pm By JD Alois  |  

Circle has acquired global cryptocurrency exchange Poloniex to “accelerate the emerging token economy,” according to reports from both companies. At least one estimate pegged the acquisition price at $400 million. Circle is a company with a mission to to make sending money like sending anything else… Read More