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Circle Internet Financial Ltd. is betting big with its recently-acquired cryptocurrency exchange Poloniex, as the firm is planning to hire around 100 people to expand the exchange’s business and reach, according to a report by Bloomberg.
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Circle’s acquisition of Poloniex last month was one of the biggest deals seen in the crypto space to date, bringing two giants of the industry together. Though the exact value of the deal was not revealed by the firms, it was estimated by many to have been approximately $400 million.
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