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Goldman Sachs-backed Circle announced this week that it will be acquiring SeedInvest, an equity crowdfunding industry leader and an SEC and FINRA registered broker-dealer, for an undisclosed amount. NEWS: we're thrilled to announce the acquisition of @seedinvest. Welcome to the @circlepay family @ryanfeit and Team! https://t.co/fLtS3fhtNO — Circle (@circlepay) October 5, 2018 According to the announcement, Circle acquired […]
One of the world’s most valuable cryptocurrency companies has acquired a crowdfunding platform as it seeks to fulfill its goal of overseeing the “tokenization of everything.” Goldman-Backed Circle Acquires Crowdfunding Startup Circle Internet Financial, a cryptocurrency unicorn with a $ 3 billion valuation, has inked a deal to acquire SeedInvest, an equity crowdfunding startup that helps
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Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest.
If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs). It could also allow Circle to offer its own customers a wider selection of coins to trade. Circle made the announcement today, October 5, 2018. Terms of the deal were not disclosed.
“This acquisition will accelerate our strategy of delivering a token marketplace that enables businesses and individuals to raise capital and interact with investors using open crypto rails and infrastructure,” Circle states.
Tokenpay Swiss AG has officially confirmed that it has acquired a 9.9 percent stake in WEG Bank AG in partnership with the Litecoin Foundation. The terms of the agreement will also include options to purchase approximately 90% overall of the bank, pending the customary regulatory approval.
Litecoin Foundation and Tokenpay Acquire 10% of German Bank
Tokenpay has revealed that a strategic partnership between it and the Litecoin Foundation has seen the entities acquire an approximately 10% stake in the German financial institution WEG Bank.
Tokyo-based cryptocurrency exchange Coincheck, which suffered a major hack early this year, may soon be under new management, reports say.