Cryptocurrency Company’s Are Expected To Merge
Circle’s purchase of Poloniex is just the 1st of many merger’s this year. According to experts in the Cryptocurrency world we will see more companies buyout other companies in 2018.
The reason that this is most likely to become the norm..all range from bitcoin and other cryptocurrency still being in their infancy to it just making since to do so.
As the market for crypto gains acceptance their are a lot of business opportunities in the cryptocurrency exchange industry. Being a large exchange is only smart business.
I think that with the way companies like PayPal, have treated businesses that are paid in crypto, or are accepting crypto payments, only fuels these kinds of business mergers.
The crypto world is all to happy to allow small businesses use their payment processors and methods. They could care less what your business is. I have seen companies like CoinPayments all of the sudden become necessity this year for the Traffic Exchange Industry.
I believe that any business that is involved with affiliate marketing in any way will eventually have to switch over to crypto payment methods.
Any ways check out this article and let me know your thoughts.
This Big Cryptocurrency Acquisition Could Create a Wall Street-Style Financial Giant
Circle’s purchase of Poloniex moves it closer to building a mainstream bank around the tech behind Bitcoin.