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

Crypto exchange Poloniex is spinning out from its parent firm Circle, the companies announced Friday. According to a pair of blog posts, Poloniex will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm. The new trading platform will not serve U.S. customers. U.S. residents have until Dec. […]