SPAC News

Bitcoiner Chamath Palihapitiya filed documents to raise $250 million for American Exceptionalism, a prospective SPAC focused on the DeFi, AI, energy and defense sectors.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation.

Crypto entrepreneur and podcaster Anthony Pompliano has raised $750 million to take his crypto company ProCap public by merging it with a blank-check firm.

New York City-based Bitcoin investment company Parataxis Holdings is exploring a public listing via merging with SilverBox Corp IV, a special purpose acquisition company.

Anthony Pompliano’s fintech-focused SPAC, ProCap Acquisition Corp, rose 7% on its Nasdaq debut after bumping its IPO to $220 million a day before listing.