Boston based OTC crypto trading and payments platform raised $110m in new equity funding led by Bitmain, with participation from other early investors such as General Catalyst, DCG, and Pantera. The round values the company at $3b.
CENTRE is a Circle initiative to create a common framework to connect all electronic wallets. This protocol could let you send money to an Alipay user with your Square Cash balance. It’s clear that Circle wants to build the infrastructure of the cryptocurrency industry. The company will need to convince multiple industry players to work with Circle, but it could help the cryptocurrency ecosystem as a whole.