Cryptocurrency firm Circle eyes public listing via SPAC merger

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Stablecoin issuer Circle is looking to go public via a merger with special purpose acquisition company (SPAC) Concord Acquisition Corp. Circle today announced that the deal values the firm at $4.5 billion, with Circle shareholders owning 86% of the firm upon completion of the transaction, expected at yearend. As opposed to notoriously volatile cryptocurrencies like […]

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