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


The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN

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.

The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN

Posted by Josiah Wilmoth on February 26, 2018 @ https://www.ccn.com/poloniex-acquisition-rumored-to-have-cost-circle-400-million/

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