Crypto Mega Deal: Poloniex Exchange Acquired by Circle
Posted: Sun Feb 25, 2018 3:01 pm
Circle Internet Financial Limited, a cryptocurrency startup backed by Goldman Sachs, has announced that it has acquired Poloniex, one of the leading global cryptocurrency exchanges.
Discover credible partners and premium clients at China’s leading finance event!
Circle’s announcement is one to be noted, since it brings together two strong players in the blockchain space. The company has acknowledged its intention to build upon the success that Poloniex has achieved to this point.
According to Robert Hackett of Fortune Magazine, the total value of the deal is estimated at $400 million.
[quote]
Rumors have swirled in recent weeks that Circle has ... (read more)