American FINTECH startup Circle has signed a definitive agreement to acquire a crowdfunding company, SeedInvest, registered with the SEC and FINRA as a broker-dealer. According to Circle, the deal is part of a strategy to create a market for trade tokens, which will allow private investors and companies to raise funds and interact with investors. This transaction and future proposals must obtain approval from FINRA.
The company SeedInvest was founded in 2012 in new York city, has developed a network of more than 200 thousand investors, helped start-UPS raise about $120 million and recently became the fourth of the fastest growing financial companies in the U.S. according to Inc. magazine The head of Circle Jeremy Allaire (Jeremy Allaire) emphasized that SeedInvest was one of the first to cooperate with the government in trying to find innovative ways of attracting capital, and crypto securities will soon become for companies the same common practice as the creation of own web sites.
Recall that in September the company Circle has announced the launch announced in may stablein USD//Coin (USDC), which was created in partnership with a consortium of CENTRE and with the support of more than 30 partners from kryptonyte. As informed, the company decided to obtain a Federal banking license from the United States to register with the securities and exchange Commission as a broker and trading platform.