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Cryptostartap Circle plans to attract $ 250 million investment

Cryptostartap Circle announced plans to raise $ 250 million investment. The company needs additional funding to cope with the effects of the bear market.

Earlier, Circle raised $ 240 million from Goldman Sachs, Bitmain and other major players. The company's capitalization exceeded $ 3 billion, making Circle one of the most successful cryptostates of 2018.

Circle is the latest company in the industry that is looking for new sources of funding to fight the downturn on the crypto market, ” said Jeremy Allar, CEO of Circle.

Earlier, Circle announced that it will fight with the pumping at the crypto-bargain Poloniex and its over-the-counter platform.

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