What Is Circle (Company)?
Circle is a financial services company that provides customers with access to digital currency, such as Bitcoin and Ethereum. The company was founded in 2013 by Jeremy Allaire and Sean Neville, two entrepreneurs who wanted to make it easier for people to use digital currencies. Circle offers its users the ability to buy, sell, store, send and receive cryptocurrencies through their mobile app or web platform. They also offer an array of other services including merchant processing solutions for businesses looking to accept cryptocurrency payments from customers.
In addition to providing individuals with access to digital currencies, Circle also has a suite of products designed specifically for institutional investors. These include over-the-counter (OTC) trading desks which allow large investors the opportunity to trade larger amounts of cryptocurrency without having their orders affect market prices; custodial accounts which provide secure storage options; and investment funds which enable institutions and accredited investors the chance to invest in crypto assets without needing technical expertise or taking on counterparty risk associated with buying directly from exchanges.