Circle is raising a $100 million venture capital fund

According to CoinDesk, the cryptocurrency company Circle is hiring a new general partner who will be responsible for raising and deploying $100 million in venture capital funds. Circle said in LinkedIn, "This partner is expected to be responsible for developing and promoting an investment plan that will leverage SeedInvest's vast transaction stream and a unique network of 250,000 investors to maximize returns." SeedInvest is Circle An equity crowdfunding start-up company acquired in March 2019.