American FINTECH company Circle, operator of the cryptocurrency exchange, Poloniex, according to the newspaper the Information, plans to raise $250 million investment and is looking for new sources of capital. Thus, despite a significant decline in market value of the company, headed by Jeremy Allaire (Jeremy Allaire) argues that in 2017-2018 income Circle grew.
By the end of 2018 on the OTC platform Circle for the exchange of cryptocurrencies conducted more than 10 thousand transactions between 600 users and 36 scriptactive – for a total of $24 billion In a Circle came to the conclusion that the company was “the main supplier of liquidity for the entire cryptocurrency ecosystem, including miners, traders, developers and founders of projects, venture capital firms, hedge funds and managing family capital of the company worldwide”.
We will remind that created in 2013 a startup previously received financial support of $240 million from investment Bank Goldman Sachs, kitaiskogo Internet giant Baidu, venture capitalist Jim Breyer (Jim Breyer) and others. In June 2016, the company was valued at $480 million In may last year, Circle announced the successful completion of the next financing round, raising $110 million at a valuation of $3 billion.