ProCap BTC merges with Nasdaq SPAC, holding up to 1 billion USD in Bitcoin.

[CoinWorld] American investor Anthony Pompliano announced that his Bitcoin financial service company ProCap BTC will merge with the NASDAQ-listed SPAC company Columbus Circle Capital Corp. I (NASDAQ: CCCM) to form ProCap Financial, and plans to take it public. After the merger is completed, the new company will hold up to $1 billion in Bitcoin assets.

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