[2015-04-30] Circle bitcoin wallet closes $50 million round with GS • IHB News™

[anirgu]

The fight to control how individuals pay for stuff is warming up and Goldman Sachs wants a slice of the profits.

In its first openly reported bitcoin-investment, Goldman said on April 30 that it co-lead a $50 million financing round for the new Circle bitcoin wallet, founded by serial entrepreneur Jeremy Allaire. Circle offers a bitcoin wallet for the mainstream. China’s IDG Capital Partners was one of the other investors who participated in the round as well.


Circle is now valued at $200 million... Read More

[bitbouillion]

Now even "god's work" is helping bitcoin. What else does it need to take away all the hostility and distrust by the mainstream media?

[Chef Ramsay]

The only thing I like about this is the credibility that comes from it. I certainly am not happy w/ GS making anything off this market unless it leads to libertarians getting wealthy or whatever.