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RE: Circle Buys Poloniex For 400M
This could be a sign of things to come. Just like you see Proctor & Gamble and Unilever own a majority of the brands in consumer goods, I believe you'll be seeing the big players in crypto buying up smaller players to diversify their offerings, and build their conglomerates.
Yes, this might happen until decentralized exchanges emerge and take a bigger part in the crypto space.