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USDC Creator, Circle Signs $440 Million Investments

USDC Creator, Circle Signs $440 Million Investments
  • Circle successfully raised $440 million from an array of private equity, institutional and strategic investors.
  • Bitmain, Dapper Labs and Blockchain.com are some of the crypto networks that also earn huge investments.

Circle, the company behind the creation of USDC, successfully raised $440 million. Interestingly, Circle was able to secure this investment from an array of private equity, institutional and strategic investors. For this reason, Circle made its way on the pages of Forbes as one of the largest blockchain investments in crypto history.

Forbes wrote:

Circle inked the deal on Friday, capturing investment from Fidelity Management and Research company, FTX, and others.

Aside from Circle, there are also other crypto and blockchain platforms that successfully earned huge investments. These crypto networks include Bitmain ($422 million), Dapper Labs ($305 million) and Blockchain.com ($300 million) to name a few. With this, we can say that the crypto world continues to gain the trust of investors around the world.

On the other hand, other cryptocurrencies also gained trust from prominent investors around the world. For example, Michael Saylor, the CEO of MicroStrategy, announced that the firm bought another set of Bitcoin last May 18. As a result, the total number of Bitcoin that MicroStrategy holds amounts to 92,079.

Moreover, the crypto world never stops developing its platform to provide great use cases to all its users. For this reason, we can say that there is a big chance that investors will continue to invest and trust the crypto world in the future.

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A dedicated market analyst focused on the highs and lows of the cryptocurrency market. With a background in Business Administration, he tries to unfold his financial perspective to global readers.