Encryption correspondent
Shalini Nagarajan
Encryption correspondent
Shalini Nagarajan
Involve
Anthony Box Box, one of the most famous voices in the world of encryption, is preparing to take the head of a new investment focus on bitcoin aimed at raising $ 750 million, as investors multiply the encryption under the supportive White House.
the Financial times It was reported on Friday that POXPYLIANO is in a line to become the CEO of Procapbtc, a company that plans to acquire large quantities of bitcoin using the money collected through a merging process with an empty company.
The car, Columbus Circle Capital 1, has recently become publicly supported by the New York Cohen and Cohech Investment Bank. The company completed the public subscription of $ 250 million in late May, giving the partnership a time launch platform as capital returns to encrypted alignment projects.
The Poxpiano actor has not returned Cryptonews to comment by the press time.
Pompaniano brings a Spac experience after an increase of $ 220 million in a separate project
According to the port, ProCapbtc intends to raise $ 500 million of shares and an additional $ 250 million of convertible debt.
The proposed structure will reflect the strategies used by other bitcoin companies, such as Michael Saylor Microstrate and Metaplanet in Japan, which attracted the investor interest for its aggressive accumulation of digital assets.
The deal can be announced early next week, although there are still final periods that are still being negotiated.
New lists indicating the revival of the American public subscription market amid optimism of encryption
PoxPYLIANO is not strange on public markets. Recently, it is Rapid $ 220 million For a separate empty car not involved in the ProCAPBTC project.
The move comes as a new accent of coding lists that have reshaped the American public subscription market.
Earlier this week, the secreted Peter Thiel presented to include a list. Meanwhile, Gemini, the TWINKVOSS Twins, presented plans to return to public places. Moreover, the arrows in Stablecoin I have increased by nearly 170 % on their commercial back.
Beyond optimism is a political background that many encryption investors consider favorable. President Donald Trump has publicly supported digital assets during his second term. As a result, a new wave of capital flowed to the sector.
Meanwhile, companies that are in line with this narration, including the social media company traded in Trump, attracted billions of investors betting on organizational support.
However, PoxPyliano did not criticize management. Last month, he warned against Trump’s threat to remove the Federal Reserve Chairman, Jerome Powell, and described him as a threat to the independence of the central bank. He said: “The idea of expelling the head of the Federal Reserve is a very bad precedent to control it in this way.”
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2025-06-13 04:34:00
