目前，Circle正运营着一个名叫Circle Pay的P2P支付工具，同时还有一个面向大型加密货币投资者和交易所的场外交易平台Circle Trade。
换句话说，Circle Trade促进了少数法定货币和加密货币之间的流动性。 Circle Trade也支持幕后的Circle Pay。据《财富》报道，Circle Trade每月管理20亿美元的交易，并在短短三个月内创造了6000万美元的收入。
Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex.
Circle is an interesting startup because it’s hard to keep track of what it does. The company first pitched itself as a bitcoin company that wants to make bitcoin more accessible. Circle wanted to become the PayPal of bitcoin. You could buy and sell bitcoins quickly and easily without any technical knowledge.
But that was in 2013 during the first bitcoin boom. Shortly after that, Circle called itself a social payment company, a Venmo competitor. The words bitcoin and blockchain were gone from the company’s website.
More recently, Circle got back into the cryptocurrency game and came full circle.
The peer-to-peer payment service that was called “Circle” is now called Circle Pay. It also runs Circle Trade, an over-the-counter trading desk for large cryptocurrency investors and exchanges.
In other words, Circle Trade fosters liquidity between a handful of fiat currencies and cryptocurrencies. Circle Trade also powers Circle Pay behind the scene. According to Fortune, Circle Trade manages $2 billion a month in transactions and generated $60 million in revenue in just three months.
The company now wants to expand beyond those two products with Circle Invest, an easy-to-use investment app to start buying cryptocurrencies, and Poloniex, a full-fledged exchange.
Fortune also says that Circle is also working on Centre, a protocol that is going to make Alipay, PayPal, Circle and other digital wallets interoperable.