Circle Ventures Archives - Tech | Business | Economy https://techeconomy.ng/tag/circle-ventures/ Tech | Business | Economy Tue, 07 Jul 2026 18:05:07 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2026/02/cropped-techeconomy-logo-32x32.jpeg Circle Ventures Archives - Tech | Business | Economy https://techeconomy.ng/tag/circle-ventures/ 32 32 Flutterwave Secures Circle Ventures Investment, Targets $300 billion Stablecoins https://techeconomy.ng/flutterwave-secures-circle-ventures-investment-targets-300-billion-stablecoins/ https://techeconomy.ng/flutterwave-secures-circle-ventures-investment-targets-300-billion-stablecoins/#respond Tue, 07 Jul 2026 18:05:07 +0000 https://techeconomy.ng/?p=185016 Investment fuels Flutterwave’s mission to modernize cross-border money movement by scaling its USDC payments and settlement infrastructure across the African continent. Flutterwave, Africa’s leading payments technology company, today announced a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group, Inc. (Circle). This follows Flutterwave’s participation in the launch of Circle Payments […]

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  • Investment fuels Flutterwave’s mission to modernize cross-border money movement by scaling its USDC payments and settlement infrastructure across the African continent.
  • Flutterwave, Africa’s leading payments technology company, today announced a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group, Inc. (Circle).

    This follows Flutterwave’s participation in the launch of Circle Payments Network in 2025. The investment supports Flutterwave’s effort to embed USDC settlement directly into the payment flows businesses already use today.

    Merchants can collect locally and settle in USDC, reducing delays and costs while enabling near-instant settlement beyond traditional banking hours.

    At the core of this investment is Flutterwave’s strategy to position stablecoins as critical financial infrastructure to provide reliable and fast settlements in Africa.

    By supporting USDC settlement within a compliance-first framework, Flutterwave enables blockchain-based payments that align with existing regulatory requirements and enterprise operating standards.

    Commenting, Olugbenga “GB” Agboola, founder and CEO of Flutterwave, said:

    “This support from Circle Ventures is about backing the rails that will power the next era of global money movement from Africa. Stablecoins like USDC are no longer an experiment; they are becoming core financial infrastructure. By embedding USDC settlement into our current payments infrastructure, we are building a system that lets businesses move money at the speed of the internet. This fundamentally changes how payments from Africa connect to the world and it positions Flutterwave as the default stablecoin gateway for the continent.”

    Global stablecoin circulation currently exceeds $300 billion, with Africa emerging as one of the fastest-growing regions for its adoption.

    By expanding its platform into a multi-rail payment system that includes fiat, cards, bank transfers and stablecoins, Flutterwave is enabling businesses to choose the fastest, cheapest and most reliable settlement option for their needs.

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    Bybit EU Partners XION for First MiCAR-Compliant Launchpool, Unlocking Access for 450M+ Users https://techeconomy.ng/bybit-eu-xion-first-micar-compliant-launchpool/ https://techeconomy.ng/bybit-eu-xion-first-micar-compliant-launchpool/#comments Fri, 15 Aug 2025 10:14:14 +0000 https://techeconomy.ng/?p=165090 The partnership connects XION’s consumer-first Layer-1 to Bybit EU users across 29 EEA markets

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    Bybit EU has selected XION, the consumer-first Layer-1 blockchain, as its inaugural Launchpool project, the first MiCAR-compliant Launchpool in the European market. 

    The partnership follows Bybit’s receipt of its MiCAR license in May 2025 and the rollout of Bybit.eu, enabling verified EEA users to onboard to a fully compliant platform, where they can get yield approved assets to earn XION.

    The Launchpool will feature a total pool size of 100,000 XION, distributed as follows: 

    • 50,000 XION to XION stakers (estimated APR: 60%)
    • 30,000 XION to MNT stakers (estimated APR: 36%)
    • 20,000 XION to USDC stakers (estimated APR: 24%)

    As one of the few Layer-1 projects backed by Circle Ventures, XION has seen strong traction in bringing blockchain-based experiences to everyday users, with over 100+ global brands leveraging its platform. 

    XION has been steadily growing its European presence, as it became the first Layer-1 blockchain to publish a MiCA Title II whitepaper, integrated natively with Paris-based Ledger in June, listed on Bitvavo earlier this summer, and is already working with leading European brands on blockchain-powered consumer experiences.

    Similarly, one of Bybit’s main focuses in 2025 is its European expansion. Being the inaugural Launchpool partner on Bybit EU MiCAR-compliant EU platform, XION will have access to a growing regulated European audience.

    “Being the very first Launchpool on Bybit EU is a major signal of XION’s deep partnership with Bybit and our shared focus on expanding compliantly in the European markets,” said Anthony Anzalone, Founder of XION.  

    Europe is now the proving ground for regulated digital assets, and together with Bybit EU we’re setting a precedent for how mainstream audiences can discover and engage with blockchain technology in a safe, intuitive way.”

    Recently securing our MiCAR license in Austria represents our commitment and major focus in 2025 to bring compliant, innovative crypto services to European users. Today’s launch with XION, a blockchain focused on mainstream adoption of crypto, demonstrates how regulation can accelerate rather than hinder innovation, and perfectly aligns with our European expansion strategy.” – Mazurka Zeng, CEO of Bybit EU.

    The collaboration also builds on XION’s earlier relationship with Bybit, where the company featured on Bybit Global’s Launchpool during its TGE. The renewed partnership underscores the two companies’ shared commitment to making blockchain accessible to everyday users.

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