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Circle Is Selling SeedInvest As It Focuses On Stablecoin Ambitions

Claudia Rivera

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

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Link: Circle Is Selling SeedInvest As It Focuses On Stablecoin Ambitions   [Copy]
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