
Circle cryptocurrency company, which owns the Poloniex exchange, has announced the search for a new general partner who will be able to raise $ 100 million for its venture fund. It is reported by CoinDesk .
The company expects the new partner to develop and promote an investment declaration to increase the number of large transactions on the SeedInvest crowdfunding platform, which Circle acquired in March.
The SeedInvest platform was founded in 2012 and helped to attract financing to more than 150 companies. Now its network consists of 250 thousand investors.
At the time of the purchase, Circle noted that SeedInvest's infrastructure would allow it to engage in tokenization of shares in new companies.
Recall that in June Circle stopped supporting the Circle Pay application, shifting focus to other products and business areas.
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