Tag: SPAC

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$1.6 billion Ether Machine SPAC deal collapses over unfavorable market

A planned $1.6 billion SPAC merger between Dynamix Corporation (DYNX) and crypto firm The Ether Machine has been terminated, over unfavorable market conditions, The...

Crypto asset manager CoinShares (CSHR) to list on Nasdaq after $1.2 billion SPAC deal

CoinShares, a leading European digital asset manager with over $6 billion under management, is set to begin trading on the Nasdaq Stock Market under...

Crypto’s future is bright in the context of AI’s assault on SaaS, says Kraken-backed SPAC

Don't be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than...

Crypto wealth platform Abra to go public via $750 million SPAC deal

Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in...

Crypto Wealth Manager Abra to Go Public via SPAC Merger

The deal values Abra at $750 million pre-money.Digital asset wealth management platform Abra is heading to the public markets. Abra Financial Holdings announced today...

Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

In brief KRAKacquisition may find a target that’s worth as much as $10 billion. The goal is to align a small- or mid-cap company with the...

Adam Back’s SPAC merger with Cantor Equity Partners could come as soon as April

Undaunted by the plunge in bitcoin BTC$63,804.18 and the even worse price action for bitcoin treasury companies, Adam Back, the CEO of Bitcoin Standard...

Kraken-Backed SPAC KRAKacquisition Debuts on Nasdaq with $345m IPO

KRAKacquisition Corp, a special purpose acquisition company (SPAC) sponsored by crypto exchange giant Kraken alongside venture firms Natural Capital and Tribe Capital, has closed...

Kraken-backed SPAC files for $250 million initial public offering

The SPAC will focus on cryptocurrency ecosystem businesses, expanding Kraken's presence in public markets.