Circle Secures Largest Investment Round in Crypto History, Totaling $440M

[waybesuricata]

Circle, creator of the USD Coin (USDC) has made history by securing $440 million in private investment funds. The largest investment round recorded.

According to reports, the deal made on May 28 placed Circle at the top of Forbes‘ list of largest investment rounds. Toppling the previous record holder, Bitmain, which secured a $422 million Series B1 round all the way back in 2018.

The investment comes from a range of companies, including private equity firms, as well as institutional and strategic investors. Specifically, Fidelity Management and Research Company, Marshall Wace, Digital Currency Group, FTX, and Breyer Capital are among the investors.

Source and continuation of the article:  https://beincrypto.com/circle-secures-largest-investment-round-in-crypto-history-totaling-440m/