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Gate Square New & Returning Creator Rewards are ongoing!
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Pompliano plans to launch a new Bitcoin investment vehicle with a target fundraising of $750 million.
On June 13, according to the Financial Times, cryptocurrency entrepreneur Anthony Pompliano is reportedly planning to launch a new Bitcoin investment vehicle, aiming to raise $750 million. Pompliano is expected to serve as the CEO of ProCapBTC. ProCapBTC is a special purpose acquisition company (SPAC) that plans to merge with the publicly listed Columbus Circle Capital 1.
It is reported that under the leadership of Anthony Pompliano (relevant discussions are still ongoing), ProCapBTC will seek to raise $500 million in equity financing and $250 million in convertible debt through a merger with Columbus Circle Capital 1. Columbus Circle Capital 1 is backed by investment bank Cohen & Company. This ProCapBTC deal could be announced as early as next week, but specific terms have not yet been finalized.