Point Roberts, WA and Delta, BC – July 8, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Crypto Corner Podcast 627: Stocks discussed: (NYSE: CND) (NYSE: V) (NasdaqGS: EQOS) (NasdaqGS: COIN) (NasdaqGS: MOGO)
Stocks discussed: (NYSE:CND) (NYSE:V) (NasdaqGS:EQOS) (NasdaqGS:COIN) (NasdaqGS:MOGO)
Stablecoin-focussed fintech firm Circle has entered into a definitive business combination agreement with Concord Acquisition Corp. (NYSE:CND). Following this, according to the press release, a new Irish holding company will acquire both Concord and Circle and become a publicly-traded company, expected to trade on the NYSE under the symbol “CRCL”. Circle’s co-founder and CEO, Jeremy Allaire, said:
“Circle was founded with a mission to transform the global economic system through the power of digital currencies and the open internet. We’ve made huge strides towards realizing this vision, and through this strategic transaction and ultimate public debut, we are taking an even bigger step forward, with the capital and relationships needed to build a global-scale internet financial services company that can help businesses everywhere to connect into a more open, inclusive and effective global economic system. We are thrilled to partner with Concord’s executive and investment team, drawing on their decades of operating experience growing financial services businesses around the world.”
Visa (NYSE:V) revealed in a recent blog post that it has seen “more than $1 billion spent” on its “crypto-linked Visa cards in the first half of 2021.” The post also indicates that Visa is “partnering with 50 of the leading crypto platforms on card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.”
EQONEX (NasdaqGS:EQOS), formerly Diginex Limited, has partnered with popular live debate forum Intelligence Squared to launch a special Debates Within Cryptocurrency series. EQONEX CEO Richard Byworth said:
“For crypto to become mainstream it is vital for healthy debate to be held about all aspects of its utility, sustainability credentials and challenges. This partnership with Intelligence Squared is expected to bring rigorous but balanced debate around crypto, and educate a wider audience, a crucial step for the increased adoption of this rapidly evolving industry.”
Tetra Trust Company has launched as Canada’s first qualified custodian for cryptocurrency assets after receiving its Certificate of Registration from the Government of Alberta on July 5, 2021. Tetra Trust also announced the closing of multiple financing rounds led by a consortium of strategic investors including: Coinbase Ventures, an investment arm of Coinbase (NasdaqGS:COIN), Mogo, Inc. (NasdaqGS:MOGO) a digital payments and fintech firm, and others.
Sam Mowers, Investorideas
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