American crypto entrepreneur and investor, Anthony Pompliano, is reportedly preparing to launch a new Bitcoin
BTC
$105 343
24h volatility:
2.1%
Market cap:
$2.09 T
Vol. 24h:
$53.23 B
investment vehicle with a fundraising target of $750 million.
According to Financial Times, Pompliano is in talks to lead ProCapBTC, a Bitcoin-focused Special Purpose Acquisition Company (SPAC), as its CEO. The proposed initiative would see ProCapBTC merge with Columbus Circle Capital 1, a publicly listed blank-check company.
Under the plan, ProCapBTC would raise $500 million in equity and an additional $250 million through convertible debt. Sources say the deal could be formally announced as soon as next week, although final terms
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