| operations |
| comment | | "parent_author":"",<br>"parent_permlink":"steem",<br>"author":"alwaysnew",<br>"permlink":"goldman-agrees-to-buy-poloniex-platform",<br>"title":"Goldman agrees to buy Poloniex platform",<br>"body":"Circle Internet Financial Ltd,<br> a mobile payments company that works closely and is supported by Goldman Sachs Group Inc.,<br> said it had acquired Poloniex Inc.,<br> one of the largest digital currency platforms.\n\nThe terms of the agreement were not disclosed. The Fortune magazine reported earlier that the deal was worth about $ 400 million,<br> quoting someone familiar with the deal,<br> whose name was not disclosed. The Poloniex platform ranks 14th as the largest currency trading platform by data tracker CoinMarketCap.com,<br> which stated on its website that the US-based company was founded in January 2014. Circle's application allows people to do With immediate cash transfers. The company also has trading operations,<br> which deal with about $ 2 billion of digital currency each month with major founding buyers and sellers. The minimum order volume from the traditional side is estimated at $ 250,<br>000. Circle also operates another mobile application that will allow people to easily invest in digital assets.\n\n\n\nThe Poloniex platform is already available in more than 100 countries,<br> and Circle plans to expand the scope further,<br> said co-founders Sean Neville and Jeremy Alier in the blog. Circle is also planning to increase the number of its listed digital currencies and explore the dollar,<br> euro and pound currency pegs that Circle already offers through the mobile application,<br> they added. Neville and Alier said:\n\n\"We expect the Poloniex platform to grow beyond its current status as a platform for digital asset trading only and envision a strong,<br> multi-faceted market that can host digital currencies that represent everything of value: physical goods,<br> fundraising,<br> quotas,<br> real estate and creative production such as works of art,<br> music,<br> literature ,<br> Service contracts,<br> time-based leases,<br> credit,<br> futures and more \"\n\nThe companies will compete with digital portfolios and large trading platforms such as \"Coinbase\". The deal comes as both start-ups and companies try to see whether they will compete in the digital world. While many companies have been involved in the technology of pluchen for years,<br> there is more hesitation about what to do with digital assets such as Betquin,<br> because of the volatility and history of their use in suspicious transactions such as drugs and tax evasion. Circle has raised approximately $ 140 million in funding from Goldman,<br> General Catalyst and IDG Capital Partners. According to Crunchbase,<br> the Poloniex platform has not disclosed any funding from venture capitalists or large institutions .",<br>"json_metadata":" \"tags\":[\"steem\" ,<br>\"app\":\"steemit\/0.1\",<br>\"format\":\"markdown\" " |
|