Pompliano seeks 200 million USD in SPAC IPO to take crypto influence public

Anthony Pompliano has submitted a proposal for a 200 million USD SPAC IPO through ProCap Acquisition Corp., which focuses on high-growth potential in fintech and digital assets.

The SPAC, led by Pompliano, will seek companies with competitive advantages. The structure offers 5.75 million founder shares, convertible to Class A after a successful merger.

This SPAC move aligns with a recovering digital asset market, as Bitcoin recently surged past 94,000 USD, indicating growing institutional interest.

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