Goldman Sachs-backed startup buys crypto exchange Poloniex
Goldman Sachs-backed US mobile payments startup Circle on Monday announced that it has acquired cryptocurrency exchange Poloniex. Circle did not disclose further details of the deal but reports suggested that the deal was worth $400 million (about â¹2,600 crore). Poloniex, which was founded in 2014, is within the top 20 largest crypto exchanges by trading volume.