Circle’s OTC Crypto Trading Desk Saw $24 Billion in Volume in 2018

Crypto heavyweight Circle stated in a blog post that their OTC (Over-the-counter) business has facilitated over $24 Billion worth of trades. This is a huge number given that OTC trading volumes are not reported publicly and there have been growing discussions about institutional investor activity over crypto OTC desks. Circle Trade has become a core liquidity The post Circle’s OTC Crypto Trading Desk Saw $24 Billion in Volume in 2018 appeared first on CCN

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Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million

The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN Fintech startup Circle reportedly paid $400 million to acquire cryptocurrency exchange Poloniex, positioning the institutionally-backed company as a direct rival to Coinbase in the US market. Poloniex Acquisition Rumored to Have Cost Circle $400 Million On Monday, CCN reported on Circle’s acquisition of Poloniex, which is currently the world’s 14th-largest exchange by 24-hour trading volume. The post Crypto Exchange Poloniex Acquisition Rumored to Have Cost Circle $400 Million appeared first on CCN

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