They seem very good at exiting just when things are heating up. I wonder whether their backers had anything to say seeing tens or hundreds of millions of dollars in profit disappear shortly after they shut the door.
I don't understand what Circle is trying to achieve. Poloniex is still crap and getting crappier by the day. After all this time and all this VC money they have little more than participation in a stablecoin, some OTC business and giving the Poloniex owners a $400 million golden exit to show for it.
If they have a grand plan they should reveal a little more. I seem to remember them talking about tokenising everything. There's no harm in making some, y'know, profit in the meantime.