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Funding $50M for Circle!

May 4, 2015 • DEALS

The amount of 50 million dollars from Goldman Sachs and IDG Capital Partners was raised from Circle, a Bitcoin startup that was created from veteran entrepreneur, Jeremy Allaire.

Circle is letting customers send and receive US dollars as well as Bitcoin. The key point about this feature is that it takes advantage of Bitcoin’s promise in settling transactions and reaching consensus much more cheaply than traditional online financial transactions.

 

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Bitcoin, Circle, Goldman Sachs, IDG Capital Partners, Jeremy Allaire
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