The global Internet finance company and issuer of digital stablecoin USD Coin (USDC) mentioned the round is expected to close in the Q2 of 2022, while also planning to expand its partnership with US-based investment management company BlackRock.
Circle’s new funding round comes two months after it was valued to USD 9 billion, following the agreement for new transaction terms with Concord Acquisition Corp. Circle also raised USD 440 million in a previous funding round, back in May 2021.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.