Circle Launches Venture Fund To Support Early-Stage Blockchain Projects & Companies
Circle Internet Financial, LLC announced the launch of Circle Ventures to invest in compelling, early-stage blockchain projects and companies that further Circle’s mission to raise global economic prosperity through the frictionless exchange of financial value. Leveling the playing field for entrepreneurs and individual investors is an important area of focus for the company.
In addition to providing internet-based payments and financial infrastructure to businesses of all sizes, Circle is also the principal operator of USDC, the fastest growing, regulated dollar digital currency and operator of SeedInvest, a leading startup fundraising platform in the United States. Circle Ventures portfolio companies will also have access to SeedInvest’s network of over 500,000 investors, and deep experience with compliant internet capital formation.
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“Since our inception, Circle has envisioned how to help scale the greater blockchain and crypto ecosystem,” said Jeremy Fox-Geen, CFO at Circle. “Circle Ventures is another way to contribute, and we’re excited to support our industry’s innovators and entrepreneurs and identify compelling early-stage companies, technologies, projects and protocols to help realize our mission.”
Circle Ventures has already deployed initial capital and is looking to the community of entrepreneurs, developers and innovators in the blockchain ecosystem to help identify opportunities for future deployments.
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