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Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover

Less than two years after paying $400 million to acquire Poloniex, Circle is spinning out the crypto exchange to an Asian investor group.

Updated Sep 13, 2021, 11:35 a.m. Published Oct 18, 2019, 4:20 p.m.
Circle CEO Jeremy Allaire.
Circle CEO Jeremy Allaire.