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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.
    @ Alex_UCT1 on Te-le-gram..

  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

Dazzle Wants to Turn Your Camera Roll Into an AI Assistant

Dazzle is betting the next generation of personal AI should know more about you before you even ask a question. The startup uses photos and screenshots in a user’s camera roll to understand their interests, relationships, travel and belongings — then helps take actions, from finding a product and arranging a repair to planning activities…

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Dazzle is betting the next generation of personal AI should know more about you before you even ask a question. The startup uses photos and screenshots in a user’s camera roll to understand their interests, relationships, travel and belongings — then helps take actions, from finding a product and arranging a repair to planning activities or adding an event to a calendar. Dazzle CEO Marissa Mayer joins Ed Ludlow for more on “Bloomberg Tech.”
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Sequoia, Nvidia Back Mecka AI’s Robotics Push

Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the enormous data challenge facing robotics, how Mecka captures everything from physical interactions…

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Mecka AI has raised $60 million in Series B funding led by Sequoia Capital, with backing from Nvidia, Microsoft’s M12 and Qualcomm, as it builds technology to help robots understand and operate in the physical world. CEO and cofounder Josh Gao discusses the enormous data challenge facing robotics, how Mecka captures everything from physical interactions to force and pressure, and why scaling physical AI will require major investments across sensors, infrastructure and real-world data collection. He joins Ed Ludlow on “Bloomberg Tech.”
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BofA Sees Strong Demand for OpenAI, Anthropic IPOs

Bank of America’s JD Moriarty says public markets have the capacity to absorb massive potential IPOs from companies including OpenAI and Anthropic, pointing to SpaceX’s listing as evidence of strong institutional and retail demand for transformational technology companies. He discusses how abundant private capital has changed the traditional IPO playbook and what the pipeline could…

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Bank of America’s JD Moriarty says public markets have the capacity to absorb massive potential IPOs from companies including OpenAI and Anthropic, pointing to SpaceX’s listing as evidence of strong institutional and retail demand for transformational technology companies. He discusses how abundant private capital has changed the traditional IPO playbook and what the pipeline could mean for tech listings next year. He joins Ed Ludlow on “Bloomberg Tech.”
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