Summary: In order to downsize, Circle is looking for a buyer to purchase SeedInvest, a crowdfunding unit, reports The Block Crypto. The firm is looking to focus on new initiatives relating to USDC and stablecoins. Because of SeedInvest's original acquisitions, Circle is having a hard time finding a buyer as it is looking to adopt stablecoins ...
In order to downsize, Circle is looking for a buyer to purchase SeedInvest, a crowdfunding unit, reports The Block Crypto.
The firm is looking to focus on new initiatives relating to USDC and stablecoins. Because of SeedInvest's original acquisitions, Circle is having a hard time finding a buyer as it is looking to adopt stablecoins for businesses as well as to broaden its adoption.
By Claudia Rivera
Tags: CENTRE,Circle,COMPANIES,SEEDINVEST,Stablecoins,Startup,USDC
Link: Circle Is Selling SeedInvest As It Focuses On Stablecoin Ambitions [Copy]