Goldman-Backed Circle Invest Launch Cryptocurrency Collections

On 04 October, Circle Invest announced the launch of new cryptocurrencies collections of index funds. The collection includes Platforms, Payments, and Privacy

The company Circle launches “Buy the Market” recently a few months ago. However, on October 04, the company announces a new feature specifically for its crypto investment app Circle Invest. The new feature is “Collections”, which incorporates Platforms, Payments, and Privacy.

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The official blog post says that the company is adding three additional collections after the successful launch of “Buy the Market” feature.

The Senior Vice President at Circle, Divya Agarwalla took the initiative to post a blog relating the announcement. She says it was so successful that over 30% of respective users are enjoying the benefits of it. Circle releases its previous feature in May for customers to purchase a market cap-weight positions in listing assets on the platform.

Today we are building upon this theme through the launch of 3 additional collections – Platforms, Payments, and Privacy. Users will be able to purchase all the assets in each of these categories in one tap,” says the blog post.

The company mentions that understanding together with grasping of cryptocurrency is still very complex. Therefore, customers hold the right to stay inform about the basics. The post also outlines that several crypto assets in individual collection weigh according to their specific market caps.

There are many projects focusing to solve some real-world problems. However, take vastly discrete approaches to aim the targets. Projects including Bitcoin, Bitcoin Cash, Litecoin and Stellar are also in a race. They are trying to establish large payment rails implementation on blockchain technology. This is basically to make payments easy, instant, and borderless like sending an email.

“If customers are passionate about this category of assets and want to invest, they can simply buy the Payments collection. Each of the assets in the collection will be weighted by market cap. Customers will also be able to educate themselves on the collections through our in-product content,” the post adds.

The company is going to add up more collections together with educational material in the coming future. So that users can patiently invest in various categories that interest them the most.

Recently, Circle also launches a new stablecoin called USD Coin (USDC). This stablecoin peg will be available for instant trading on Circle’s Poloniex exchange as well as Circle Trade.

What do think about the platform Circle? Do you use this exchange?

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Image Credit- Circle Blog

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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