• Technology

    Circle Acquires Seedinvest, A Brokerage Firm, And Crowdfunding Platform

    Circle Internet Financial Ltd, Cryptocurrency Financial Corporation took over the brokerage firm and equity crowdfunding platform SeedInvest. As per an announcement, the exact terms of the transaction were not disclosed.. SeedInvest, headquartered in New York, was set up in 2012 as an investment platform for startups. Since then, the company has raised funds for 220 companies with the help of more than 240,000 investors. The average investment is projected to be $500,000 through SeedInvest, while the major investment was $2,000,000. Once the acquisition has been approved by the Financial Industry Regulatory Authority, Circle may expand SeedInvest’s presents to hold up…