Circle has bought the American stock exchange Poloniex for $ 400 million

American Poloniex supports 68 different coins and 14 is a cryptocurrency exchange in the world in terms of sales. A day on the stock exchange stands at around $ 140 million. Now the platform belongs to the company Circle that was confirmed by the leaders.

The exchange Poloniex changes the owner

The amount of the transaction amounted to 400 million dollars, reports Cointelegraph. The rumor about the possible acquisition had appeared in the beginning of February, but officially confirmed the information just now. The authors of the statement — the co-founder of Circle, Sean Neville and Jeremy Allaire.

The new owners want to scale the exchange to enter new markets and to increase the number of supported tokens. Also the leaders will try to implement the functionality of the app Circle.

In the future Poloniex will turn into a versatile platform. It appears the real estate, works of art, loans, futures and more.

Specialization Circle — conduct mobile payments. In late January, the journalists spoke about the investment in the project of Goldman Sachs. Can we consider the company a real owner is unknown.

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