Anthony Pompliano's crypto venture ProCap Financial to go public via SPAC deal
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Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) -Anthony Pompliano's crypto venture ProCap Financial will go public in the U.S. through a merger with blank-check vehicle Columbus Circle Capital Corp, the American entrepreneur said on Monday.
The combined company will have bitcoin worth up to $1 billion on its balance sheet. The transaction is expected to close before the end of 2025.
(Reporting by Arasu Kannagi Basil in Bengaluru)
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