SPAC


Finance

NFT-Focused Topps Abandons Plan to Go Public in SPAC Merger

The longtime trading card company pulled out of its deal following the loss of its exclusive contract to make cards for Major League Baseball.

A promo image for Topps' MLB NFT play.

Markets

Core Scientific Plans to Go Public in SPAC Deal

The company will be valued at $4.3 billion.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks 'Ugly'

Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.

bitcoin price

Markets

SoftBank to Invest $75M in Peter Thiel-Backed Crypto Exchange Bullish

The Block.one subsidiary is set to go public via a SPAC merger this year.

PayPal co-founder Peter Thiel.

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Videos

Crypto Exchange 'Bullish' Set for Public Listing via $9B SPAC Deal

Crypto exchange Bullish, launched by Block One, is going public in a SPAC deal with Far Peak Acquisition, led by former New York Stock Exchange President Thomas Farley. "The Hash" hosts discuss Bullish going public and the company's outlook.

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Finance

Bullish Set for Public Listing Through $9B Merger With Ex-NYSE President's SPAC

The deal is expected to be completed by the end of 2021.

Bull, bullish

Videos

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.

CoinDesk placeholder image

Markets

Circle Lost $156M on Poloniex Acquisition, SPAC Documents Reveal

The soon-to-be public company is still dealing with Poloniex’s legal woes despite cutting ties in 2019, with securities and sanctions fines to be paid.

Circle CEO Jeremy Allaire

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Videos

USDC Backer Circle to Go Public in SPAC Deal

Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

CoinDesk placeholder image

Markets

Peter Thiel-Backed Exchange Bullish Is in Talks to Go Public in SPAC Merger: Report

The news comes just a month after the announcement of Bullish's launch.

Peter Thiel

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