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United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S.New firm receives backing from Asian investment groupThe new independent firm, called Polo Digital Assets, will free Poloniex from its parent company Circle, the
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Crypto finance startup Circle announced that it is hitting the pause button on its Circle Research activities.Deciding on a future direction for the programOn Sept. 24, the Circle team announced in a blog post that it had decided to pause its Circle Research branch, despite having made “significant progress” with
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Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign
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Goldman Sachs-backed crypto startup Circle plans to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest.According to a recent job posting on LinkedIn, Circle is seeking the general partner that will be responsible for raising and managing the fund in partnership with SeedInvest's senior leadership
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Jeremy Allaire, CEO at cryptocurrency financial services company Circle, expressed his optimism in regards to Bitcoin (BTC) being a safe haven for investors despite recent market volatility.On Aug. 19, Allaire voiced his sentiment during the CNBC’s Squawk Box. He explained: "Clearly, a non-sovereign digital asset like bitcoin is attractive to
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