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The Coin Rise
2022-02-18 03:56:39

Circle revises merger agreement with Concord to double its valuation to $9B

Circle revises merger agreement with Concord to double its valuation to $9B

Circle, the issuer of the USD Coin (USDC), has increased its market capitalization to $9 billion after revising its merger agreement with the Special purpose acquisition company (SPAC) Concord Acquisition Corp, created in 2020. On Thursday, Circle stated that it had terminated its prior business combination agreements with Concord and established a new contract with the company […]The post Circle revises merger agreement with Concord to double its valuation to $9B appeared first on Blockchain, Crypto and Stock News.

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