Ryan Feit of SeedInvest and his colleague Wyatt Lonergan attending Alchemy Coin summit last week

I am so grateful to Ryan Feit of SeedInvest and his colleague Wyatt Lonergan for attending the Alchemy Coin summit last week in New York City.

SeedInvest was recently acquired — and we couldn’t be happier for them. As Bloomberg reported: “Circle, one of the most valuable U.S. cryptocurrency marketplaces, agreed to acquire crowdfunding firm SeedInvest as it seeks to help startups issue digital tokens and allow its own customers to trade a wider variety of coins. Terms of the transaction were not disclosed. SeedInvest, founded in 2012, helps private companies raise money from individuals on the internet. Investors can browse through businesses on the platform and then, depending on their eligibility, buy a piece of their favorite one.

“This was a company who had been at the forefront of collaborating with government to figure out how to make it possible to innovate in the way people raise capital,” Circle Chief Executive Officer Jeremy Allaire said in an interview. “Crypto securities are going to become a major new category of securities.”

SeedInvest was built by a team of experienced investment professionals. Their team has worked at places such as Goldman Sachs, and Morgan Stanley. They have also helped manage billions in private investment funds.