Tag: Zelle
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What Circle’s Acquisition of Poloniex Means for Crypto (Especially Small Altcoins)
On February 26, fintech startup Circle announced it had closed a deal to buyout the cryptocurrency exchange Poloniex for reportedly $400 million—it is the largest acquisition in crypto history. The acquisition is intriguing because it may reveal information about the trajectories of Circle and Poloniex, sentiment of Circle’s venture capital backers, and new services that…