Circle Nabs Wall Street Heavy Weight, Michelle Burns, as a Board Member
According to Fortune, Wall Street Heavy Weight, Michelle Burns has joined the Board of Circle. "Burns's move is another sign that Bitcoins are starting to gain some following among established financial players. She is the former CEO of human resources consulting firm Mercer. Along with Goldman (GS), she is also on the board of Cisco Systems (CSCO) and the Elton John Aids foundation. She is also a former board member of Wal-Mart (WMT). And her Wal-Mart connection might be the most valuable to Circle, and Bitcoin in general. A growing number of retailers are considering whether to accept....
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Circle Internet Financial, a Boston-based company led by Jeremy Allaire hoping to transform payment processing for bitcoin, just got a board member who already serves on boards of prominent companies. She is Michele Burns, and she is presently the CEO of human resources consulting company Mercer. Aside from that, Burns serves on the board of Goldman Sachs and Cisco. But that's not all. She's also on the board of the Elton John AIDS Foundation and formerly serves on Wal-Mart's board, so if there's someone with some familiarity of the tech and finance industries, it's Burns. Circle Internet....
Goldman Sachs board member M. Michele Burns is joining the board of new bitcoin payment processor Circle Internet Financial, becoming the latest representative from the worlds of big finance and investing to show an interest in digital currency. The move represents a possible greater acceptance of bitcoin in the US in the financial mainstream, at a time when other large countries are attempting to block or caution against its use. Burns is also a Director at Cisco Systems Inc., and previously sat on the board at Wal-Mart Stores Inc. Her involvement in the finance industry goes back to....
The FTX crypto exchange’s new index is called the Wall Street Bets Index. Following numerous headlines about the meteoric price rise of several assets, including GameStop (GME), AMC Entertainment (AMC) stocks, and Dogecoin (DOGE), crypto exchange FTX has listed an index following the assets. FTX named the index after Wall Street Bets — the Reddit group thought to be associated with pumping the prices of those assets. “We're happy to announce that we have launched trading for a basket of Wall Street Bets markets,” FTX said in a public statement on Thursday. The index trades as a futures....
Circle Internet Financial has closed a $17m Series B funding round and announced the launch of its first consumer product. The bitcoin company raised the $17m from various investors, including Breyer Capital, Accel Partners and General Catalyst Partners, bringing its total funding to date to $26m. Investment was also received from Oak Investment Partners, Pantera Capital and the Bitcoin Opportunity Fund, which is run by Barry Silbert, founder and chief executive officer of SecondMarket and founder of the Bitcoin Investment Trust. Leonard H. Schrank, the former chief executive officer of....
Circle Internet Financial, the company which very few know details about, has reportedly received a $17 million investment in Series B funding. The cash comes from a number of investors that include Breyer Capital, Accel Partners, General Catalyst Partners, Pantera Capital, and Barry Silbert of SecondMarket. Other investors who participated in the round include Circle board member Michele Burns, Leonard Schrank of SWIFT (Society for Worldwide Interbank Financial Telecommunication), and Fenway Summer, a consumer finance advisory with Raj Date at the helm (who's also on the Circle board).....