Goldman Sachs supported startup buys crypto exchange Poloniex – The Bitcoin News

For a long time, there were rumors that the Poloniex trading toneel had bot bought by a company belonging to the Goldmann Group. This afternoon the Startup Circle confirmed the purchase on his blog.

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Supported by Goldman Sachs, Startup Circle has purchased one of the largest crypto currency exchanges te the world, Poloniex. This wasgoed announced on the blog of the official corporate webstek.

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According to unconfirmed statements, Circle is expected to pay a total of $ 400 million for the purchase of Poloniex. A spokesperson for Poloniex said ter a statement:

Wij are excited to work with Circle to localize our product ter more geographies, to explore options for fiat connectivity across major world currencies, and to proceed providing our users with access to innovative token projects that extend cryptocurrency protocols to fresh use cases.

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Circle is a company that has taken various business paths te the past. It operates, among other things, a peer-to-peer payment system called Circle Pay.

There is also Circle Trade. This toneel is a kleintje of trading exchange for large investors te the crypto market, where fiat currencies can be exchanged for cryptocurrencies.

Circle Trade is said to have generated overheen $ Two billion worth of transactions vanaf month and almost $ 60 million ter just Trio months.

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With the App Circle Invest the company offers an app for crypto trading.

The portfolio is likely to be expanded and made more competitive for the future by the Poloniex trading podium.

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For users of the trading verhoging Poloniex there should be no further problems, according to Circle.

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