Tag: spac

Sep 01 2022

Canceled SPAC Deal Leads To PrimeBlock’s CEO’s Exit

Sep 01 2022 Published at Coinscreed under tags  crypto miner news primeblock spac

In the past few months, SPAC deals have been getting canceled because the market has been bad. Two people with knowledge of the situation say that the CEO of crypto miner PrimeBlock has left the company after it canceled a merger with 10X Capital Venture Acquisition Corp. II (VCXA) that would have made it a […] The post Canceled SPAC Deal Leads To...

Aug 25 2022

This Crypto Company Plans To Go Public Amid Bear Market

Aug 25 2022 Published at Coingape under tags  ipo news spac uncategorized

If sources are to be believed, cryptocurrency ATM firm Bitcoin Depot has struck a deal with a special-purpose acquisition company (SPAC) to go public. In a deal that values the company at nearly $885 million, Bitcoin Depot will likely combine with the SPAC GSR II Meteora Acquisition Corp. The deal is expected to be unveiled The post This Crypto Company Plans To Go...

Jun 22 2022

This Blockchain Payments Firm Will List On The Nasdaq In A $3.6 Bln Deal

Jun 22 2022 Published at Coingape under tags  blockchain blockchain news news spac

Blockhain-based payments firm Roxe Holding said on Tuesday that it will list on the Nasdaq exchange through a $3.6 billion deal. The firm said it has entered an agreement with special purpose acquisition company (SPAC) Goldenstone Acquisition Ltd, through which it will pursue the listing. The merged firm will have a combined enterprise value of...

Apr 01 2022

Crypto Miner PrimeBlock Seeks Nasdaq Listing In $1.3 Billion Deal

U.S. crypto miner PrimeBlock said on Friday it had entered a deal to merge with blank-check firm 10X Capital Venture Acquisition Corp. II. The deal was signed at an enterprise value of $1.25 billion. PrimeBlock has over 110 megawatts worth of data centers across 12 facilities in North America, and mainly targets Bitcoin and Ethereum The post Crypto Miner PrimeBlock Seeks Nasdaq Listing...

Mar 22 2022

Breaking: Japanese Crypto Exchange Coincheck To List On Nasdaq In $1.3 Billion Deal

Japanese crypto exchange Coincheck will list on the Nasdaq exchange through a $1.25 billion merger with a blank cheque company operated by Thunder Bridge Capital Partners. The deal was announced in a press release by Thunder Bridge. Coincheck, which was bought by Japanese asset manager Monex Group in 2018, is one of Japan's largest crypto...

Feb 10 2022

Despite Stringent Crypto Regulation, Crypto Investments In Singapore Jumped 13x In 2021

In 2021, investments in Singapore's fintech sector increased by 47% year on year to $3.94 billion. Nearly half of the funds were raised through blockchain and cryptocurrency, with $1.48 billion raised across 82 agreements. Crypto Investments Trump Others In Singapore According to the KPMG Pulse of FinTech H2'21, the...

Jan 05 2022

Sweden leads Europe’s first crypto SPAC, ticker “HODL”

A SPAC, or Special Purpose Acquisition Company, is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. SPACs have been around for decades, but have seen a Cambrian explosion in recent years. In 2020, 247 SPACs were created in the U.S....

Nov 07 2021

Crypto Corner: The Sports Slice

Teams, leagues, and athletes across nearly every sports vertical you could think of are finding new partners with crypto firms. Each week, we bring a surface-level look at all things crypto and sports over the past seven days. Brooklyn Nets player Kevin Durant is forming a new investment vehicle. The UFC wants more, and is furthering their crypto relationships. And FTX is making...

Jul 09 2021

Apr 23 2021

WeWork to Now Accept and Hold Bitcoin: A Potential Turning Point?

Earlier this week, WeWork announced that it would begin accepting payments in cryptocurrencies. In a move following Tesla and MicroStrategy, the commercial real estate start up stated that it would begin holding Bitcoin on its balance sheet -- another sign of Bitcoin’s growing institutional acceptance. WeWork said that it will accept Bitcoin, Ethereum, and USD Coin, among...

Mar 16 2021

Breaking: eToro Set For Public Listing With a $10.4 Billion SPAC Merger

Mar 16 2021 Published at Coingape under tags  bitcoin blockchain news btcbrl btcbusd btcdai

eToro, the stock and crypto trading app is all set to go public by merging with SPAC FinTech Acquisition Corp V. The trading platform is a Robinhood rival, and rumors about its public debut was rife in the recent past. The SPAC merger deal would include a $650 million common share private placement from leading The post Breaking: eToro Set For Public Listing...

Jan 11 2021

Bitcoin Marketplace Bakkt to Go Public, Valued at $2.1 Billion

Jan 11 2021 Published at Crypto Briefing under tags  bakkt business spac

Bakkt, the subsidiary of Intercontinental Exchange, has decided to go public by merging it with a special-purpose acquisition company (SPAC). Bakkt to Roll Out App and Airline Rewards The crypto firm will merge with an already listed SPAC called VPC Impact Acquisition Holdings (...

Jan 08 2021

Bakkt In Final Stage Talks With VPC Impact Acquisition Holdings To Go Public

Jan 08 2021 Published at Coingape under tags  bakkt bakkt ipo bitcoin news coinbase news

Bakkt, the Intercontinental Exchange Inc. owned crypto subsidiary is in final stage talks with VPC Impact Acquisition Holdings to go public. A Bloomberg report confirmed that the Bitcoin futures market provider is planning to merge with the special purpose acquisition company firm VPC Impact at a combined valuation of $2 billion. Sources: Intercontinental Exchange's Bakkt is The post Bakkt In Final Stage Talks...

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