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Dec 5 (Reuters) - Cryptocurrency operator Circle Internet Financial has decided to end a $9 billion deal with blank-check firm Concord Acquisition Corp (CND.N) nearly ten months after an earlier agreement was amended.

Earlier valued at $4.5 billion, Boston-based Circle had amended its agreement with Concord in February and doubled its valuation.

"We are disappointed the proposed transaction timed out, however, becoming a public company remains part of Circle's core strategy to enhance trust and transparency, which has never been more important," said Jeremy Allaire, Co-Founder and Chief Executive Officer of Circle.

Termination of the deal comes at a time when cryptocurrencies reel from a sector-wide rout that saw prices plunge, several key players collapse and investors lose over billions of dollars.

The fintech did not elaborate on its plans to go public.

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