Circle Funds $5K Scholarships to Bay Area Graduates for Blockchain Studies

Circle has awarded $5,000 scholarships to 10 graduating Northern California high school seniors interested in learning about cryptocurrencies and blockchain.

A local report published Monday showed that the scholarship awardees participated in Junior Achievement’s Digital Financial Literacy Program, featuring a fresh curriculum on crypto and blockchain. In their submissions, applicants were required to showcase their understanding in this new technology.

The scholarship recipients hailed from various Northern California schools. Tessa Folan represented Sequoia High School in Redwood City. Carlmont High School in Belmont saw Milad Rasoli and Jacob Yuryev win awards. Dozier-Libbey Medical High School in Antioch celebrated Belinda Reyes Barreras’ achievement. From Livermore High School in Livermore, Rohan Samtani received a scholarship.

Jesus Salcedo Bernal of Aspire Lionel Wilson Prep High School in Oakland was recognized. San Ramon Valley High School in Danville had Todd Shepherd among the winners. Brianna Sanchez from Madera South High School in Madera was awarded a scholarship. Finally, Abraham Lincoln High School in San Francisco saw both Iyshly Chen and Alan Zeng receive recognition.

A Circle spokesperson confirmed the news, saying the company funded the scholarships for deserving students who completed the blockchain and digital currency coursework and are pursuing university-level education.

Taran Barca-Hall, regional director for Junior Achievement of Northern California, noted a growing interest in crypto and its implications in recent years, particularly among high school students. As a result, there was a need to educate them on this topic.

Scholarships Fuel Blockchain Talent Pipeline

Stablecoin issuer Circle funded the scholarships, which considered both financial need and the students’ engagement with Junior Achievement programs. The company recently planned to relocate its legal base from the Republic of Ireland to the US.

Funding scholarships allows crypto companies to invest in the next generation of minds. This creates a pipeline of skilled individuals who will be instrumental in driving the crypto industry forward.

Phemex, a cryptocurrency exchange, runs the Phemex Student Foundation, offering scholarships to exceptional students in crypto, blockchain, and Web3 fields.

Curtin University in Australia previously introduced a Crypto PhD Scholarship Fund, to finance research in blockchain, cybersecurity, and data analytics.