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Circle CEO on why the company is going public through a SPAC

Fintech firm Circle is going public via a SPAC merger with Concord Acquisition Corp. Shares of Concord Acquisition were sharply higher on the news, valuing Circle at $4.5 billion. Jeremy Allaire, CEO and co-founder of Circle, joined "Squawk Box" on Thursday to discuss.
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Thu, Jul 8 20219:10 AM EDT