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Cryptocurrency Firm Circle Will Go Public via SPAC

Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”

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Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”

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8 Comments

8 Comments

  1. Abram Neitling

    July 12, 2021 at 12:19 am

    On 5 different block chains eh? Guess I should pack my bags of Algorand, Stellar, ETH, Solana and HBar ????

    • XRP Freak

      July 12, 2021 at 12:25 am

      Good choices. Also might add XRP. Every country in the world is running a private version of Ripple which are all connected via ILP of Ripple using XRP for settlement.

  2. Brent Dullum

    July 12, 2021 at 12:42 am

    If you want to avoid further market manipulation, then Join UCT trading academy, they trade based on technical analysis& fundamental analysis. You get a unique view of the markets and you also get trading signals that contain accurate inputs and outputs. Their trades are more profitable in the long run. Haven’t had a single week to lose. Join the team and enjoy easy money.
    send admin PM for more infomations.
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  3. mrPmj00

    July 12, 2021 at 2:46 am

    Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto crap,

    NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation?
    For the fools that bought crypto in May 2021, they’ve lost -50% as of July 2021.

    You’re wrong about inflation going up. Most people aren’t buying new cars. However, most people DO buy gas and that’s roughly the same as a year ago, not to

    mention that we work from home and saved soo much money by not spending on gas or maintenance, and tons more on not having to pay for daycare costs.

    Inflation or no Inflation, who cares. Own high quality companies whose products and services have pricing power, that leads them to have stable growing cash flows.

    Price will take care of the rest…

  4. FUNKYFRESH707

    July 12, 2021 at 3:38 am

    USDC XLM XRP

  5. Coin Siaran

    July 12, 2021 at 7:09 am

    FAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAKKKKKK #VICS rise up!

  6. AJ

    July 12, 2021 at 9:45 am

    UST is the real stable coin

  7. Kolypsa

    July 12, 2021 at 10:15 pm

    We already have a Fed-coin. It’s called the US dollar. Lol

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Bloomberg Technology

Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act

Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation…

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Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation of category-defining AI companies. He joins Ed Ludlow on “Bloomberg Tech.”
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OpenAI, Anthropic Safety Talks Stir Startup Concerns

AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also…

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AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also being debated in Washington is if those efforts require government involvement or changes to antitrust rules. They join Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Meta CEO Weighs In on AI Safety Debate

Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom…

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Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom Mueller discusses the company’s $308 million Series D extension and the future of the space mobility economy.

00:00:00 – Bloomberg Tech Begins
00:01:07 – Riley Griffin, Bloomberg News
00:04:55 – Shirin Ghaffary, Bloomberg News
00:09:22 – Summer Mersinger, Blockchain Association
00:15:41 – Tom Mueller, Impulse Space CEO
00:23:11 – Natasha Mascarenhas & Maggie Eastland, Bloomberg News
00:29:31 – Peggy Johnson, Agility Robotic CEO
00:33:29 – Slater Stich, Bain Capital Ventures
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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