Justin Sun plans to merge Poloniex with Huobi

Poloniex exchange is likely to merge with Huobi exchange in the near future, according to Wu Blockchain.

The Poloniex exchange was acquired by Justin Sun, founder of the TRON Foundation, from Circle in 2019. Justin Sun’s decision to merge the two exchanges may be to leverage the development of Huobi, which was recently acquired by the founder of TRON.