💰Circle is Seeking $250 million in new funding

The Information's Jon Victor reports that Circle is looking to raise another large round of debt and equity funding as they grapple with the impact of crypto winter. The company has raised $246 million from the likes of Accel, General Catalyst, Goldman Sachs, Baidu, and IDG Capital, most recently a $110 million Series E led by Chinese mining giant Bitmain at a nearly $3 billion valuation last year.

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