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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.
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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

SpaceX Wavers Near $2 Trillion Market Cap After 3-Day Rout | Bloomberg Tech 6/23/2026

Bloomberg’s Ed Ludlow breaks down why SpaceX shares are feeling a gravitational pull as Musk’s company launches its debut bond sale. Plus, tech stocks sell off worldwide as Wall Street gets an AI wake-up call. And, Menlo Ventures partner Venky Ganesan joins after the firm raises its biggest fund ever with $3 billion to back…

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Bloomberg’s Ed Ludlow breaks down why SpaceX shares are feeling a gravitational pull as Musk’s company launches its debut bond sale. Plus, tech stocks sell off worldwide as Wall Street gets an AI wake-up call. And, Menlo Ventures partner Venky Ganesan joins after the firm raises its biggest fund ever with $3 billion to back AI startups.

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00:40:59 – Mark Gurman, Bloomberg News
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Siemens CEO on Industrial AI’s Future

AI is moving beyond chatbots and onto the factory floor, helping manufacturers boost productivity. Siemens CEO Roland Busch joins Ed Ludlow on “Bloomberg Tech” to discuss the trend and AI’s role in Europe’s industrial future. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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AI is moving beyond chatbots and onto the factory floor, helping manufacturers boost productivity. Siemens CEO Roland Busch joins Ed Ludlow on “Bloomberg Tech” to discuss the trend and AI’s role in Europe’s industrial future.
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Menlo Ventures’ Ganesan on Anthropic Bet, Backing AI Startups

Menlo Ventures has raised $3 billion for new AI investments, the biggest fundraise in the firm’s 50-year history, reflecting how dramatically venture capital is changing as investors race to back the next generation of AI winners. Menlo Ventures partner Venky Ganesan joins Bloomberg’s Natasha Mascarenhas and Ed Ludlow on “Bloomberg Tech.” ——– Like this video?…

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Menlo Ventures has raised $3 billion for new AI investments, the biggest fundraise in the firm’s 50-year history, reflecting how dramatically venture capital is changing as investors race to back the next generation of AI winners. Menlo Ventures partner Venky Ganesan joins Bloomberg’s Natasha Mascarenhas and Ed Ludlow on “Bloomberg Tech.”
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