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Circle acquires Poloniex
Circle Internet Financial Ltd, a firm backed by Goldman Sachs Group, acquires cryptocurrency exchange Poloniex. The acquisition values Poloniex at around $400M.
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- Circle (company)Peer-to-peer payments technology company
- Cryptocurrency exchangeCryptocurrency exchanges are exchange markets for trading cryptocurrencies.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.