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Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover

Nikhilesh De

Related: Crypto Finance Firm Circle Puts Research Offering on Hold

“It is bittersweet for Circle to see this incredible product and business spin out on its own … We’ve made enormous progress with Poloniex, including massive infrastructure improvements, adding more fiat options with USDC integration, launching best in class native apps for traders, and building global operations capabilities that can deliver excellent customer service.”

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