In this edition of The Daily we cover a few examples of the evolving institutional crypto investment world. Circle has completed an acquisition of a regulated broker, cryptocurrency prime brokerage Tagomi closed a $12 million funding round, and charting portal Tradingview added a crypto index.
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Circle Closes Acquisition, Seeks $250M
Circle, the Goldman Sachs-backed company that acquired Poloniex exchange last year, has announced that following regulatory approval by the American Financial Industry Regulatory Authority (FINRA), it’s completed the acquisition of U.S. equity crowdfunding platform and registered broker-dealer Seedinvest. This is meant to enable the firm to explore opportunities for the tokenization of traditional forms of financial contracts such as equities and other securities. The companies say that Seedinvest will continue to operate as normal, but with additional support from Circle.
Besides this latest acquisition,…