Circle To Expand Operations In Bermuda, Building On Corporate Treasury Demand For Yield
"Circle is the first fintech company ever to receive the BMA's Class F ("Full") DABA license and we are proud to deepen our commitment to Bermuda.
- "Circle is the first fintech company ever to receive the BMA's Class F ("Full") DABA license and we are proud to deepen our commitment to Bermuda.
- Building on our strategic capital raise, we'll be expanding operations in Bermuda, including opening an office, to support substantial corporate treasury demand for crypto assets and yield," said Jeremy Allaire, Circle's co-founder and CEO.
- "Circle is growing globally to support its yield product, including across compliance and risk roles, as well as customer-facing operations and sales.
- Additionally, Circle operates SeedInvest, one of the largest equity crowdfunding platforms in the U.S., which is a registered broker dealer.