Mark Mason
Well-known member
Goldman Sachs-Backed Startup Circle Acquires Poloniex Exchange
Circle announced on Monday that they bought Poloniex exchange at an undisclosed amount, but some reports have the value at $400 million USD.
The startup is backed by Goldman Sachs, the American multinational financial company, which signals that the fincial institution has taken more steps to become involved in the crypto ecosystem. Poloniex handles volume in excess of $2 billion USD on some days, which puts Circle well on its way “to cement its position as one of the leading players in the booming market.”
Read more: https://www.dashforcenews.com/goldman-sachs-backed-startup-circle-acquires-poloniex-exchange/
Circle announced on Monday that they bought Poloniex exchange at an undisclosed amount, but some reports have the value at $400 million USD.
The startup is backed by Goldman Sachs, the American multinational financial company, which signals that the fincial institution has taken more steps to become involved in the crypto ecosystem. Poloniex handles volume in excess of $2 billion USD on some days, which puts Circle well on its way “to cement its position as one of the leading players in the booming market.”
Read more: https://www.dashforcenews.com/goldman-sachs-backed-startup-circle-acquires-poloniex-exchange/