Goldman Sachs-backed Circle Buys Poloniex Cryptocurrency Exchange for $400M

Circle, the notionally cryptocurrency-focused payment services startup, has reportedly bought exchange Poloniex for $400 million. Job Done Between Circle And Polo According to Fortune editor Robert Hackett who leaked the news in advance, an official statement will follow Monday. The takeover means a cryptocurrency exchange is now under direct ownership of a Goldman Sachs funded company. Hackett wrote on Twitter earlier this morning: Rumors have swirled in recent weeks that Circle has been in talks<br />Read More<br />The post Goldman Sachs-backed Circle Buys Poloniex Cryptocurrency Exchange for $400M appeared first on Bitcoinist.com.

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