Circle’s Sometimes Head-Scratching Deals Take Shape as Massive Long-Term Cryptocurrency Bet

Its latest move was acquiring equity-fundraising start-up SeedInvest last week. That company until now had nothing to do with cryptocurrency and didn’t seem like an obvious fit for Circle. But Circle founder and CEO Jeremy Allaire explained that it’s a cornerstone for his bet that most of the existing financial system is going digital.  “If we zoom out, there’s going to be this tokenization of everything,” Allaire noted to CNBC in an interview at the Security Token Academy conference in Manhattan.

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