Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance...
Tag: Issuer
USDC Stablecoin Issuer Circle Raises $400 Million Fund For Expansion
USD Coin Issuer Circle Internet Financial Ltd has completed a $400 million funding round, with participants like Fidelity Management and Research LLC and BlackRock Inc participating. Other investors i...
Issuer of Second-Biggest Stablecoin Secures $400 Million in Funding
Alex Dovbnya USDC stablecoin has landed a $400 million funding round from some high-profile investors of the likes of Blackrock Cryptocurrency finance firm Circle, the issuer of USD Coin (USDC), has a...
BlackRock joins stablecoin issuer Circle’s $400M funding round
Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership with the American investment firm BlackRo...
USDC Issuer Circle To Raise $400 Mln In BlackRock Deal
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves ...
Disney & Tesla Tracking Token Issuer DeFiChain Brings Futures Contracts With the New Hardfork
In an announcement yesterday, the Singapore based Proof of Stake blockchain DeFiChain activated the long awaited hardfork which brings a slew of new features to the Bitcoin network based chain. Future...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
USDC Stablecoin Issuer Circle Is Now Valued at $9B
Key Takeaways Circle has signed a new deal for a SPAC merger with Concord Acquisition Corp. The new agreement gives Circle a $9 billion valuation, double its prior valuation from July 2021. The new ag...
USDC Issuer Circle Valued at $9 Billion, Aims to Go Public by December 2022
Circle Internet Financial is a finance firm that’s best known for being the issuer of the second-biggest stablecoin by total market capitalization – USDC. Now, the company reports that it’s valued at ...
Grayscale launches ETF tracking equity, aiming for ‘world-class ETF issuer’
TL;DR Breakdown Grayscale’s new ETF is a collection of 22 crypto-forward firms. The ETF will be listed and traded on the New York Stock Exchange (NYSE) under the symbol GFOF. Grayscale is expanding it...
Swissquote Becomes a Structured Product Issuer on SIX
Swiss stock exchange, SIX announced that Swissquote has become one of the structured product issuers on its platform. The Swiss banking and trading platform Trading Platform In the FX space, a cur...
Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong Addresses
Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to wrong addresses, The Block reports, January 22, 2022. Tether Has Recove...
Swissquote Partners with Leonteq, Becomes Issuer of Structured Products
Switzerland-based financial services provider, Swissquote announced a collaboration with Leonteq, a prominent Swiss financial technology company, today. As a result of the cooperation, Swissquote has ...