13/11/19 07:02 UTC-5

Justin Sun confirmed the purchase of a stake on the Poloniex exchange

The founder of TRON's cryptocurrency platform, Justin Sun, has confirmed that he is part of the Asian investor group that acquired Poloniex. Sun plans to use the exchange to further accelerate growth in the TRON system.


Justin Sun is among the owners of Poloniex

Tron-Poloniex live on Twitter on Tuesday. Speaking, Sun said that Tron was one of several investors in the exchange, but the exchange operates independently of its company.  

“Poloniex is one of the biggest exchanges in our industry,” Sun said.

“I think the exchange is going to grow and that’s why we collaborate with it to have more initiatives.”

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  • Poloniex was founded in 2014 and then acquired by Circle in early 2018 for $400 million.


See also: "Bithumb cryptocurrency exchange launches a token"

#JustinSun #exchange #Poloniex

Editor: Yuliya Soroka