Circle scraps proposed SPAC deal with Concord
Termination of the merger was approved by the board of directors of both Concord and Circle.
Termination of the merger was approved by the board of directors of both Concord and Circle.
The funding round is expected to close in the second quarter of 2022.
The firm says it will operate under the supervision of US financial regulators.
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The combined company plans to float on the New York Stock Exchange (NYSE).
The company claims the funds will allow it to meet “significant global demand”.
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
Plans for token marketplace get boost from equity crowdfunding platform.
Each token backed by reserves of US dollars.
Acquires a rival of Coinbase and Kraken to spice up cryptocurrency arena.
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Marieke Flament, European MD at Circle, discusses how technology is transforming the global payments landscape.
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