Circle Buys Crowdfunding Platform of SeedInvest

Circle Internet Financial Ltd is a cryptocurrency company. It has acquired recently the equity crowdfunding platform and a broker-dealer SeedInvest. The official announcement was published on the 5th of October. However, the exact time of the purchase was not announced.

The New York based company SeedInvest was founded in 2012, it has the status of a startup investing platform.

Since then, through the platform the capital for more than 200 companies from more than 240,000 investors was raised. Now, the average investment through the platform is around 500,000 USD, while the largest investment sum was 2,000,000 USD.

Circle, in turn, is one of the leading companies dealing with cryptocurrencies. Now, the company has launched a new feature for the crypto-investment app. Now, its customers can invest in a couple of cryptocurrency assets, which of them could be divided into some themes: platform, payments and privacy. Then, the user select a category and can make an investment in one swoop.


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