#CryptoCorner #Podcast 627: #Stocks discussed: (NYSE: $CND) (NYSE: $V) (NasdaqGS: $EQOS) (NasdaqGS: $COIN) (NasdaqGS: $MOGO)
#CryptoCorner #Podcast 627: #Stocks
discussed: (NYSE: $CND) (NYSE: $V) (NasdaqGS: $EQOS) (NasdaqGS: $COIN)
(NasdaqGS: $MOGO)
Circle
to Go Public Via Business Combination, Visa Sees Over $1B Spent on
Crypto-Linked Cards in H1 2021, EQONEX Partners with Intelligence Squared, and
Tetra Trust Company Launches as Canada’s First Qualified #Crypto Asset
Custodian
Point Roberts, WA, Delta BC July 8, 2021
- 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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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
For investors following the sector
Investor Ideas has a comprehensive Bitcoin,
Blockchain and Digital Currency Stocks Directory
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