SPAC


Finance

Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources

The crypto trading platform and wallet provider is being advised by Cohen & Company Capital Markets, according to a person familiar wih the matter.

Wall street signs, traffic light, New York City

Finance

Trump Media, Crypto.com to Build $6.4B CRO Treasury Firm, CRO Jumps 25%

Trump Media will buy $105 million in CRO tokens while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the Cronos token central to Truth Social’s rewards system.

President Donald Trump and Crypto.com CEO Kris Marszalek

Finance

Crypto Treasury Fever Spreads to Ethena as $360M SPAC Deal Targets ENA Accumulation

A new Ethena treasury firm named StablecoinX aims to be listed on the Nasdaq, lined up big-name crypto investors including Pantera, Galaxy, Dragonfly, Polychain.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Ether Machine to List on Nasdaq Via SPAC With $1.5B Backing

It is backed by around $645 million worth of ETH from Chairman Andrew Keys and a further $800 million from an array of high-profile investors

16:9 Stock market rally (sergeitokmakov/Pixabay)

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Finance

Crypto Treasury Firm ReserveOne Going Public in $1B SPAC Deal

The newly-created firm led by former Hut 8 CEO Jamie Leverton plans to hold a basket of cryptos, including bitcoin, ether and solana.

(Unsplash)

Markets

Anthony Pompliano Set to Head $750M Bitcoin Investment Vehicle: FT

The crypto advocate is preparing to lead ProCapBTC in bid to mirror the bitcoin treasury strategy pioneered by Strategy's Michael Saylor, the Financial Times reported.

Anthony Pompliano. (CoinDesk)

Markets

Strike CEO Mallers to Lead Bitcoin Investment Company Backed by Tether, Softbank, Brandon Lutnick

Crypto power players back $3B bitcoin SPAC as Trump-era policies spark new wave of institutional bets.

Howard Lutnick is a fan of bitcoin and Tether's USDT. (Danny Nelson/CoinDesk)

Markets

Bitcoin Rewards App Fold Volatile in Wall Street Debut

The firm, which holds 1,000 BTC, went public on the Nasdaq Wednesday via a SPAC merger.

Fold bitcoin reward app (Fold)

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Finance

Bitcoin Rewards App Fold Eyes Nasdaq Listing Via $365M SPAC Deal

The post-transaction entity will also have more than 1,000 BTC ($67 million) on its balance sheet

16:9 Fold (FotoRieth/Pixabay)

Finance

Japanese Crypto Exchange Coincheck Sees Nasdaq Listing Completion in Second, Third Quarters

Coincheck said the timing is subject to approval by Thunder Bridger IV's stockholders, the SEC and Nasdaq.

Nasdaq stock exchange studio

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