Bitmain Backs Circle’s Stable Cryptocurrency With a $110 Million Funding Round


Bitmain, a multi-billion dollar cryptocurrency mining equipment manufacturer based in China, has led a $110 million Series E funding round for Circle, a blockchain-focused financial company, in support of Circle’s short-term plan of launching a stable cryptocurrency that is in line with Bitmain’s vision of establishing private central banks backed by cryptocurrencies. Stable Cryptocurrency Previously,

The post Bitmain Backs Circle’s Stable Cryptocurrency With a $110 Million Funding Round appeared first on CCN

Posted by Joseph Young on May 20, 2018 @ https://www.ccn.com/bitmain-backs-circles-stable-cryptocurrency-with-a-110-million-funding-round/

Comments are closed.