Monday 27 April 2015

Bitcoin Startup Circle Seeking $40 Million in New Funding, Report Says

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Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding.

As reported by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations.

A spokesperson for Circle declined to comment, according to the report, but indicated that the company would make an unspecified announcement in the coming days.

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