Circle is aiming to raise $100m for its equity crowdfunding platform, SeedInvest, and is currently recruiting a general manager for the fund.

US-based peer-to-peer payments technology platform Circle is looking to raise $100m for a venture capital fund that will tap into the dealflow of its equity crowdfunding platform, SeedInvest, CoinDesk has reported.

The fund’s existence was revealed through a job vacancy for a general manager that was posted by Circle on professional social media portal LinkedIn.

Founded in 2013, Circle operates a peer-to-peer payment platform that uses the blockchain to facilitate the holding, sending and receiving of traditional currencies. The company…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.