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Circle to double in value to $9 billion with revamped SPAC deal – TechCrunch

Cryptocurrency company Circle has announced that it has terminated its previous agreement with Concord Acquisition Corp, a publicly traded blank-check company โ€” a SPAC. At the same time, it has reached a new deal with Concord Acquisition Corp for a new merger. If the transaction goes through, Circle would become a public company at a […]
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Crypto and blockchain firm Circle to go public, raising funds via SPAC deal on $4.5B valuation

SHARE Cryptocurrency and blockchain services provider Circle Internet Financial Inc. is the latest to jump on the SPAC bandwagon as the company announced today that it plans to go public through aย special-purpose acquisition company merger. The deal will see Circle merge with Concord Acquisition Corp., a SPAC currently listed on the New York Stock Exchange and values the company at $4.5 billion. The merger will provide Circle with more than $1.1 billion in gross proceeds, including $415 millio...
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