Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Coinnounce 2022-02-18 07:53:15

Circle doubles its valuation to $9 billion with new reverse merger terms.

The issuer of stablecoin USDC, Circle, has doubled its valuation to $9 billion after it renegotiated and inked a new reverse merger deal with Concord Acquisition Corp, a blank-check acquisition company. Both these companies first revealed their merger and acquisition plan in July 2021. Announced on Thursday, the revised valuation of the blockchain company came […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.