Financial Giant BlackRock Becomes 'Strategic Investor' in USDC Issuer Circle

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Financial Giant BlackRock Becomes 'Strategic Investor' in USDC Issuer Circle

 
The global fintech firm Circle has entered into an agreement for a new USD 400m funding round with participation from several major players from traditional finance, while making asset management giant BlackRock, Inc. a “strategic investor” in the company.
The funding round, announced by Circle on Tuesday, saw participation from BlackRock, Fidelity Management and Research, London-based hedge fund Marshall Wace LLP, and the FinTech-focused investment firm Fin Capital....
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