Circle Doubles Valuation to $9B with New Reverse Merger Terms (Finance Magnates)

Originally published at: https://www.channel-sea.cc/circle-doubles-valuation-to-9b-with-new-reverse-merger-terms-finance-magnates/

Circle, the issuer of stablecoin USDC, has doubled its valuation to $9 billion after it renegotiated and inked a fresh reverse merger deal with Concord Acquisition Corp, a blank-check acquisition c…