Poloniex assured the users that this transaction will bring only a benefit

The well-known company Circle declared the made transaction on purchase of the Poloniex crypto exchange which is one of the most popular in the USA. Representatives of Circle said that they intend to make the Poloniex key of the provided products.

For what amount Circle officially was necessary to spend it was not reported, however, one of the editors of issuing of Fortune Robert Hackett told that purchase of Poloniex cost $400 million.

Representatives of Poloniex said that a design team of the exchange it is necessary to work at the places and will continue to be engaged in an increase in efficiency and quality of its operation. Also, they assured the users that for the period of the transition period for the company the exchange will operate normally, and their means will be stored in perfect security.

“Not to recognize that our improbable growth which lasted several years painful for users was impossible. Therefore now we very much wait when Circle begins to impart experience with us in improving scalability and reliability augmentation. We are sure that together we will be able to make Poloniex better for our users” — is marked in the press release of Poloniex.

Representatives of Circle share the vision of further operation of Poloniex with the public. They emphasize that the activities will be built, leaning on bases which the command of the exchange managed to put:

“We dream to create the multifunctional place for trade founded on a blockchain. The tokens designating almost all types of values from physical goods to objects of art and futures will be placed there. Besides we will add support the fiat of currencies, including US dollar, euro and the British pound”.

We will remind that in December of last year Poloniex reported about mandatory verification for users of legacy-accounts. And Circle attracted the essential size investments ($110 million) from several Chinese companies and from Goldman Sachs Group bank not so long ago.


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