Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.
Source: www.rttnews.com
Goldman Sachs-backed cryptocurrency startup Circle Internet Financial is seeking to raise $250 million in mixture of equity and debt. The Company noted that it is currently backed by $140 million in venture capital from various investors. Meanwhile, The Information, a technology news website reported that Circle has raised $246 million to date from investors. The Company earns its revenue from trading fees on its cryptocurrency exchanges Poloniex and the institutional offering Circle Trade.
