Cryptocurrency News

The StableCoin company earns a record-level investment amount for a crypto organization

Crypto companies have been growing with the growth of the industry in recent years. A report from Forbes recently detailed several large investments in blockchain and digital property entities, with the $ 440 million game at the forefront.

“Circle, creator of the second largest fixed currency, USDC, has raised $ 440 million in private investment from an array of private equity, institutional and strategic investors,” Forbes wrote on Friday. The circle signed the deal on Friday, capturing investment from Fidelity Management and Research Company, FTX and others.

The article details about the top-12 largest monetary contributions that crypto organizations have received over the years in order of size, including in the Circle List.

According to Forbes, second place – crypto mining solution provider Bitmain, is forecasting a 2018 investment round of $ 422 million. Bitman actually takes two places on the list, receiving another investment of $ 292.7 million in 2018.

BlockFi is in third place with a $ 350 million VC round from 2021. Dapper Labs and come in fourth and fifth positions, receiving $ 305 million and $ 300 million respectively.

For crypto companies this year has been a good year for Resi funds. Forbes elaborated, “Five of the 12 largest crypto-investments in history occurred in 2021.”

The overall crypto space has seen remarkable enthusiasm in 2021 Bitcoin price reached record high As well as exceptional value performance from other digital assets.

Coinbase is also on the Forbes list, having invested $300 million worth of capital in its brand in 2018. That funding included the involvement of Andreessen Horowitz and Polychain Capital. Coinbase became public on Nasdaq Through direct listing in April 2021.