Tuesday, July 8, 2025
The Dao Makers
No Result
View All Result
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
No Result
View All Result
The Dao Makers
No Result
View All Result

USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report

by The Dao Makers
December 5, 2022
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


The agency behind the second largest stablecoin by market cap is backing out of a multi-billion greenback deal to go public.

In response to an official announcement, Circle and Harmony Acquisition Corp are mutually terminating a proposed enterprise deal between the 2 teams.

Harmony Acquisition Corp is a publicly traded particular function acquisition firm. 

Says Harmony Acquisition Corp chairman Bob Diamond of Circle, 

“Circle performs a key position within the blockchain’s disruption of economic providers.

I stay assured in Circle’s regulatory-first strategy to constructing belief and transparency within the monetary business, which has by no means been extra vital, and I’ll proceed being an advocate for the corporate because it continues to develop.”

The proposed deal to go public between the 2 companies was reportedly price $9 billion.

The Boards of Administrators from each firms reportedly authorised the termination of the proposed settlement. 

Says Circle co-founder and CEO Jeremy Allaire of Harmony,

“Harmony has been a robust companion and has added worth all through this course of, and we are going to proceed to profit from the recommendation and assist of Bob Diamond and the broader Harmony workforce. We’re dissatisfied the proposed transaction timed out, nevertheless, turning into a public firm stays a part of Circle’s core technique to boost belief and transparency, which has by no means been extra vital.”

Early final month, Circle introduced it was increasing the EuroCoin (EUROC) euro-pegged stablecoin would broaden to the Solana (SOL) blockchain.

Do not Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox
Test Value Motion
Observe us on Twitter, Fb and Telegram
Surf The Every day Hodl Combine

Test Newest Information Headlines

&nbsp


Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses it’s possible you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet online affiliate marketing.

Featured Picture: Shutterstock/flavo_art



Source link

Tags: callsCircleDealIssuerPublicReportUSDC
Previous Post

Riot Blockchain Record High Hash Rate – Bitcoin Magazine

Next Post

🔥 100X POTENTIAL? 🔥 QUANT QNT Price Prediction | Crypto News Today

Related Posts

Altcoin

Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

July 8, 2025
Altcoin

Bitcoin Treasury Hype Could Be Fading Fast

July 8, 2025
Altcoin

ECC Transparency Report for Q4 2024

July 7, 2025
Altcoin

The Leader of Late Capitalism: Michael Saylor’s $14 Billion Flex Will Haunt You at $500 | by Chip Mahoney | The Capital | Jul, 2025

July 7, 2025
Altcoin

AI’s POV: Blockchain, Token, and Meme Coin 2030 & Beyond. | by Christian K. Obishai | The Capital | Jul, 2025

July 7, 2025
Altcoin

Coinbase, Robinhood, and the Race to Put Stocks on the Blockchain | by Brendan on Blockchain | The Capital | Jul, 2025

July 8, 2025
Next Post

🔥 100X POTENTIAL? 🔥 QUANT QNT Price Prediction | Crypto News Today

🚀 XRP Will Win And Set This Market On Fire | QNT, ALGO, HBAR & More - Crypto News Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Latest Week in Ethereum News : ethereum

December 17, 2022

Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

July 4, 2025

5 Generations, 1 Team — Heres How to Lead a Multigenerational Workforce

July 7, 2025

🦄 uniswap-universal-router-decoder ✨ v0.8.0 ✨ has just been released !!

March 18, 2023

The four times Bitcoin price fell by Independence Day each year

July 4, 2025

Shenzhen warns citizens of investment scams using stablecoins

July 7, 2025

SELL ALTCOINS NOW? | BITCOIN | CRYPTO NEWS BANGLA | BULL RUN | ALTSEASON | MARKET

37

Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse

46

BTC Price Predictions, SUI Fall, HYPE, Trump Coin Scandal & More

42

How to Turn Summer Travel into More Business and Less Taxes

July 8, 2025

Nymbus Partners with Bud Financial on AI-Powered PFM

July 8, 2025

It’s ‘Make Or Break’ Time For XRP As Fib Extension Points To $5.30 Top

July 8, 2025

Bitcoin Showed Up in DC — And Washington Took Notice

July 8, 2025

Bitcoin Options Market Cools Off, Echoing Familiar Summer Slowdowns – What This Means

July 8, 2025

Is PumpFun losing its crown

July 8, 2025
Telegram Twitter TikTok Youtube RSS
The Dao Makers

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Dao Makers.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Fix Driver Errors
  • Launchpads
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In