Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million

Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million

Fintech startup Circle reportedly paid $400 million to acquire cryptocurrency exchange Poloniex, positioning the institutionally-backed company as a direct rival to Coinbase in the US market. Poloniex Acquisition Rumored to Have Cost Circle $400 Million On Monday, CCN reported on Circle’s acquisition of Poloniex, which is currently the world’s 14th-largest exchange by 24-hour trading volume. … Continue reading Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million