In May, the crypto-currency blockchain start-up Circle attracted 30% more institutional investors than in April. The company's performance has increased despite the fact that the rate of bitcoin for the same period fell by about 20%. This is reported by CNBC.
As the company's CEO Jeremy Allair said, Circle also recorded a x15 increase in the number of transactions compared to the same period last year.
According to him, starting from this week all trading operations on the platform will be automated.
Major institutional investors don't go through a telephone broker. They go through an electronic interface. We're maturing this into a more traditional product; it's much faster and a more flexible way to trade.
Founder and CEO, Circle
We note that the monthly trading on the platform exceeds $ 2 billion, while the minimum amount of the deal is at least $ 250,000.