Circle Receives $440M in Funding
The rapid growth of the fintech project and its stablecoin USDC attracted the attention of investors. So collecting $440 million didn't become a problem
Major investment companies such as Fidelity, DCG and FTX took part in this round of financing. The money will be spent on the development of the company, entering new markets, promoting innovation and finding know-how.
It is also reported that Circle may go on a public listing. This has not been officially announced, but rumors are persistently circulating in the cryptosphere. And the listing will be held by merging with SPAC.
Recall that Circle has a strong position in the market. Its coin is presented on the blockchain Ethereum, Stellar, Solana, Algorand.
The USDC offer is four times higher by 2021. In circulation is more than 21 billion in cryptocurrency, which indicates a high demand from users.
The current price of cryptocurrency can be found on the Poloniex exchange. It is the world's largest crypto exchange with profitable trading offers and low commissions.
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