Circle Ventures Portfolio market capitalization rose to $13.3 billion.
The firm has investments in SUI, APT, SEI, MINE, KCS, NEAR, ZRO, and others.
The biggest performers were APT, SUI, SEI, and MAV.
Circle Ventures, the venture capital arm of stablecoin issuer Circle, is reaping the rewards of its investments in major digital asset projects. As per sources, the Circle Ventures Portfolio’s market capitalization currently stands at a remarkable $13.3 billion, a 9% increase in the past 24 hours.
Data reveals that the portfolio includes prominent cryptocurrencies such as Near Protocol (NEAR), Aptos (APT), Sui (SUI), KuCoin (KCS), Sei (SEI), Mina Protocol (MINA), LayerZero (ZRO), Centrifuge (CFG), Maple (MPL), Big Time (BIGTIME), and Maverick Protocol (MAV). The 24-hour trading volume for these tokens reached $1.6 billion, with SUI, APT, SEI, and MAV leading the gains.
SUI rose 3.8% to $0.981, APT surged 3.9% to $6.26, SEI skyrocketed 4.2% to $0.2924, and MAV outperformed all other Circle Ventures investments with a 7.9% jump to $0.1863. This impressive performance coincides with a broader crypto market rally, with Bitcoin (BTC) and Ether (ETH) surpassing $59,000 and $2,600, respectively.
On the other hand, Circle has been working on expanding its presence in the digital asset sector as its stablecoin, USDC, remains the world’s second-largest stablecoin by market capitalization. Interestingly, as per a report released by CCData, the total trading volume of USDC pairs on centralized exchanges rose above $135 billion as of July 25 following the implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework.
As reported earlier by Coin Edition, Circle is also eyeing initial public offering in the United States and the filings are currently being reviewed by the United States Securities and Exchange Commission (SEC). The firm is also relocating its legal base from the Republic of Ireland to the United States in an attempt to appease the regulator.
The post Top 5 Circle Ventures Portfolio Coins by Market Cap appeared first on Coin Edition.
