Circle shows strong growth momentum, securing $110 million in financing and entering the Asian market.

Recently, digital currency company Circle completed a $110 million Series E financing, with a valuation reaching nearly $3 billion. This funding was led by the world's largest mining machine manufacturer, with participation from several well-known institutions. Circle also plans to issue a stablecoin pegged to the US dollar through the CENTRE project.

During the New York Consensus Conference, Circle's Chief Marketing Officer Marieke Flament was interviewed. She shared insights on the digital currency market and revealed the company's development strategy in Asia.

Flament stated that this round of financing helps Circle position itself as a true cryptocurrency service enterprise, rather than just an exchange or payment service company. Regarding its relationship with other payment tools, she believes they should be seen as partners rather than competitors. Circle hopes to collaborate with other payment tools in the future, such as integrating with instant messaging applications through APIs.

Despite China's cautious attitude towards digital currency trading, Flament believes that the Chinese government does not disregard blockchain technology. She pointed out that cooperation with Chinese investors is relatively smooth, which also helps Circle's development in China.

Circle will use the new round of financing for team expansion, planning to increase the global workforce to 400 this year. Asia is positioned as an important battleground for market growth, with Hong Kong becoming the base for its Asian operations. Circle Trade is the company's first business launched in Asia, providing large-scale digital currency trading services for institutions.

Flament believes that Asia is a vibrant market. The development speed of blockchain projects in the region and the understanding of technology among people are leading globally.

In terms of regulation, Circle has always been at the forefront. The company became the first to obtain a digital currency license in New York in 2015, and in 2016 it became the first to obtain an electronic money license in the UK. Flament emphasized that compliance with regulations is key to sustainable development in the blockchain field. Circle has an internal legal compliance team that works closely with regulatory bodies and actively engages in anti-fraud and KYC efforts.

Flament holds a positive attitude towards the potential emergence of more legitimate participants in the market. Earlier this year, Circle acquired one of the world's largest cryptocurrency exchanges for $400 million. Flament stated that the key to the acquisition decision lies in cultural alignment, strategic fit, and talent support.

With the rapid development and strategic layout of Circle, the company is gradually becoming an important player in the global digital currency space, and its performance in the Asian market is worth noting.