Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since then, the company has reportedly raised capital for 220 firms through more than 240,000 investors. The average investment per company through SeedInvest is said to be $500,000, while the largest investment was$2,000,000. Once the acquisition is approved by the Financial Industry Regulatory Authority (FINRA), it will reportedly…
Circle Acquires Crowdfunding Platform and Broker-Dealer SeedInvest
