After the separation of the Poloniex trading platform from the parent company Circle, to which we previously devoted a topic entitled:

After a $400 million acquisition… Poloniex officially splits from Circle

Poloniex announced its acquisition of TRXMarket, the largest decentralized platform (DEX) in the entire Tron ecosystem.

Poloniex expects growth in market share after exiting Circle lap.

According to advertise Officially, “TRXMarket” will be renamed from now on to the new name “Poloni DEX” and will work according to the “Polonyax” platform system, and the old domain name is accessible, but it is transferred directly to the new name.

In the official announcement of the acquisition, the platform stated:

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We recognize and appreciate the rate at which Tron is expanding the ecosystem.

Under the leadership of Justin Sun, the Tron ecosystem is growing at an exponential speed.

While Tron CEO Justin Sun said:

This acquisition is not only a step to expand the DeFi ecosystem, but also a starting point for Tron to gain recognition from the world’s leading trading platforms.

As we discussed in a previous thread, Circle has helped Poloniex out of its umbrella in an effort to make the international crypto exchange more efficient and more competitive.

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