The well-known Bitcoin-startup Circle announced the purchase of the popular American crypto exchange Poloniex, which is intended to become “a key element of the company’s product line.” Poloniex comments that the trading platform team will continue to improve operational and customer support and improve the overall performance of the stock exchange.
“We recognize that our extraordinary growth for several years has not been painless for our users. We look forward to Circle sharing its experience that will help improve the scalability and reliability of our platform, “Poloniex said in a press release.
“Our vision is to create a reliable and multifunctional distributed marketplace, where tokens will be placed, representing all possible values: physical goods, fundraising and securities, real estate, art, music, literature, rental services and rental services, lending. Also, according to representatives of Circle, efforts will be made to scale the business, including new tokens in the listing, as well as adding support for fiat currencies, including the US dollar, the euro and the British pound.
In turn, the administration of Poloniex assured its users that during the transition period the exchange will operate in a regular mode, and their funds will be fully safe.