Bitcoin May Be Down, but a Digital Currency Startup Still Soars

Circle Internet Financial Ltd., backed by Goldman Sachs, now worth about $3 billion after new fundraising round

A digital-currency startup backed by Goldman Sachs Group Inc. is now worth about $3 billion after a new fundraising round.

Circle Internet Financial Ltd. disclosed the new valuation Tuesday, making it one of the most highly valued financial technology startups in the U.S.

The increase in the Boston-based trading firm’s value, more than seven...