Circle wants to raise funds for the SeedInvest trading platform 2

Circle wants to raise funds for the SeedInvest trading platform

Goldman Sachs' Crypto Startup Circle plans to launch a $ 100 million venture capital fund for its crowdfunding platform SeedInvest.

According to a recent job offer on LinkedIn, Circle is looking for a general partner who will be responsible for creating and managing the fund in partnership with the SeedInvest management team.

The partner should develop and lead an investment project for the network of 250,000 SeedInvest investors. The goal should be to maximize returns, as stated in the job posting. The new position also requires managing the daily operations of the fund, including major fundraising initiatives, identification of investment opportunities and management and development of the team. investment.

Founded in 2012, SeedInvest, based in New York, has so far funded more than 150 startups and ranked fourth among the 500 most dynamic financial services companies in the US magazine Inc. In March 2019, SeedInvest was acquired by Circle. This allowed SeedInvest to expand its offering by offering cryptocurrencies and the issue of token-denominated securities.

Earlier this year, SeedInvest received approval from the US Financial Services Regulatory Authority to offer secondary equity trading.

Recently, Circle CEO Jeremy Allaire said Bitcoin (BTC) is a safe investment and said people who want to control their capital would buy Bitcoin.