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The erstwhile Barclays boss’s blank-cheque vehicle is merging with digital-currency operator Circle, whose blockchain-based products may one day threaten corporate banks’ core business. Circle is seeking to usurp traditional lenders by offering fast, cheap treasury and p...
BlackJack3D/E+ via Getty Images Jeremy Allaire, co-founder and CEO of crypto-focused fintech startup Circle, said Thursday that the funds generated through a newly signed SPAC transaction will help it take advantage of a crypto-economic system still in the "early stages of the innovation...
Point Roberts, WA and Delta, BC - July 8, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. Liste...
Concord Acquisition Corp. Class A (NYSE:CND) traded at a new 52-week high today of $10.70. Approximately 10.6 million shares have changed hands today, as compared to an average 30-day volume of 48,000 shares. Based on a current price of $10.63, Concord Acquisition Corp. Class A is curren...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips There’s talk that “the flippening” may be in the works as Ethereum (CCC: ETH-USD ) continues to grow. Source: shutterstock For those unaware, the flippening is a hypothetical event in whic...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ethereum (CCC: ETH-USD ) is in the news Thursday after Goldman Sachs named it as the cryptocurrency with the highest potential. Source: shutterstock According to the firm, ETH has several advantages over Bitc...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Crypto developer Circle is set to join the ranks of publicly traded companies in a merger with Concord Acquisition (NYSE: CND ), a special purpose acquisition company (SPAC). CND stock holders will get a cryptocurre...
da-kuk/E+ via Getty Images SPAC Concord Acquisition (CND) rose 6.4% in premarket trading after agreeing to take crypto startup Circle public in a deal that will value the company at $4.5B. Circle, the company behind USD Coin ("USDC-US"), will receive over $1.1B in gross proceeds upo...
Circle to go public through a business combination with Concord Acquisition Corp, supported by over $1.1B in capital - Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $27...
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Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND) , a special purpose acquisition company, announced the termination of their proposed business merger. The agreement was originally announced in July 2021 and amended in February 2022. ...
Circle, the company that issues the USD Coin ( USDC ) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp ( NYSE:CND ). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Ci...