Parataxis Holdings, focusing on Bitcoin investments for institutions, is merging with SilverBox Corp IV. This USD 200 million merger shows rising interest in Bitcoin, targeting institutional clients with proprietary strategies to leverage demand.
The SPAC, SilverBox Corp IV, is listed on the NYSE under ticker SBXD. Despite a modest performance of 6.5% growth in its stock this year, it aims to introduce a scalable digital asset management platform.
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