Linqto Terminates $700 Million SPAC Merger Deal

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Investment firm Linqto has ended its planned merger with Blockchain Coinvestors Acquisition Corp, a special purpose acquisition company (SPAC), citing market conditions and the challenging environment for SPACs.

- Investment firm Linqto has terminated its $700-million deal to go public by merging with Blockchain Coinvestors Acquisition Corp, the blank-check company said on Monday.

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