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

By eth | May 21, 2018

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

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

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