One of the leading blockchain unicorns in the world, Circle, is active in the latest crypto news – this time for making a series of moves that has one theme – to become a dominant force in the world of crypto and blockchain.
In the latest news, the Boston-based startup and its CEO are in the spotlight, after raising $110 million at a $3 billion valuation. This is what apparently gave them more confidence, especially after Circle acquired the cryptocurrency exchange Poloniex, which many believe is a plan for the company to challenge Binance as the dominant exchange in the world.
The CEO of Circle, Jeremy Allaire, seems to be excited about the startup’s future. He elaborated the theme of “tokenization of everything” in a recent interview with CNBC, where he also stated that even assets such as traditional stocks will eventually be tokenized – all in order to exist on the blockchain.
Allaire also emphasized how important a move like this could be. He even stated that using crypto to tokenize real-world assets will “make the web look like a cute experiment, comparatively speaking.”
Right now, it is safe to say that Circle is one of the most promising crypto unicorns, especially given the money behind the startup. The latest move for Circle was purchasing SeedInvest, an equity crowdfunding startup that helped many businesses raise over $100 million.
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