Circle Co-Founder Says Recently-Acquired Poloniex Exchange Will Expand In Asia

Payments technology company Circle announced it plans to hire up to 100 people in Asia to expand its recently acquired Poloniex cryptocurrency exchange, Bloomberg reports today, March 15.

In an interview in Hong Kong, Circle’s co-founder and CEO Jeremy Allaire stated that the company will be employing people to offer services in South KoreaJapanChina, and Hong Kong.

According to Allaire, the company, which raised $140 mln in venture capital from major investors including Goldman SachsBaidu, and investment bank China International Capital Corp., is looking to diversify its offerings on Poloniex in the future.

“The long-term view is that every form of value on the planet will become a crypto token,” Allaire stated, referencing what he sees as the continued proliferation of Blockchain-based tokens and cryptocurrencies…

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