Circle, SPAC Name Off Plan to Take USDC Issuer Public
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tldr; Stablecoin provider Circle is no longer set to list publicly. The company had been eyeing an entry into the stock market via a merger with Concord Acquisition Corp, a New York Stock Exchange listed special purpose acquisition company backed by former Barclays CEO Bob Diamond. The agreement between the two companies would have valued Circle at $9 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Circle = future US CBDC, mark my words.