Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with Circle. crypto cryptocurrency $USDC
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm.Circle Internet Financial announced Tuesday that it has entered into an agreement for a $400 million funding round with investments from Blackrock Inc., Fidelity Management and Research, Marshall Wace LLP, and Fin Capital.
Jeremy Allaire, co-founder and CEO of Circle, commented: “Dollar digital currencies like USDC are fueling a global economic transformation, and Circle’s technology infrastructure sits at the center of that change.” The funding round is expected to close in the second quarter.
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