Funding
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund

Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.
Sep 24, 2025

Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.

The two companies have already partnered on crypto card solutions with Bybit and S1LKPAY, which use USDC to settle transactions.

The cohort marks Africa’s strongest showing yet — and comes as ecosystem grants increasingly serve as early-stage capital for blockchain startups navigating a tougher post-FTX funding climate.