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Cryptoknowmics 2022-12-06 08:28:29

Circle and SPAC Concord Mutually End Their Commercial Partnership



Circle, a peer-to-peer payments technology startup, and Concord Acquisition Corp, a publicly listed special purpose acquisition company (SPAC), amicably terminated their intended partnership when the agreement expired. Circle and Concord Acquisition Corp Partnership Ends In July 2021, a proposal for the corporate merger was made. Furthermore, it was revised in February 2022. According to a press statement, the boards of directors of both firms have accepted its dissolution. According to Bob Diamond, chairman of Concord Acquisition Corporation, Circle plays a vital role in the dislocation of finance by the blockchain. Conviction to SEC Jeremy Allaire, co-founder and CEO of Circle, The post Circle and SPAC Concord Mutually End Their Commercial Partnership appeared first on Cryptoknowmics-Crypto News and Media Platform .
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