Goldman Sachs start-up Circle buys Poloniex for $400 million!

My fellow Steemians,

Technology start-up Circle, with investors like Goldman Sachs and Baidu, has bought Crypto Broker Poloniex for $400 million.

_{crypto-news.net}

Instead of just buying cryptocurrencies, big money is buying Crypto applications. This is the logical next step in the Crypto Market.

The takeover of Poloniex shows the Crypto market is maturing. The next step could be that pure crypto players like Ripple or Coinbase go to the stock market.

_{thestreet.com}

This takeover is very good news for the crypto market!

Thank you for reading!

_{https://www.cnbc.com/2018/02/26/circle-acquisition-of-poloniex-is-just-the-beginning-of-likely-consolidation-in-crypto.html}