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Crypto entrepreneur Anthony Pompliano is in advanced discussions to take the helm of ProCapBTC, a planned publicly listed investment vehicle that aims to raise about $750 million to purchase Bitcoin, the Financial Times reported. ProCapBTC intends to achieve a listing by merging with a special-purpose acquisition company backed by Cohen & Co., according to the report. If completed, the transaction would give the new entity capital to accumulate a large Bitcoin position, underscoring sustained institutional appetite for direct exposure to the cryptocurrency. Talks are ongoing and could still fall apart, the report said.
From Guinness World Records to Outperforming Bitcoin: The Wild Story of Chris Solarz Chris Solarz isn’t your typical fund-of-funds investor. - He’s the CIO of Digital Assets at Amitis Capital - He’s allocated to alternatives for 20 years - He’s met thousands of hedge funds https://t.co/tjawLygW7f
JUST IN: ANTHONY POMPLIANO IN TALKS TO LEAD A NEW INVESTMENT FIRM LOOKING TO RAISE $750M FOR $BTC Source: FT https://t.co/KOXNz9GZFL https://t.co/Xv9uy0UfTJ
🇺🇸 ANTHONY POMPLIANO IN TALKS TO LEAD PUBLIC COMPANY PLANNING TO BUY $750 MILLION OF #BITCOIN THE RACE IS ON!!! 🚀 https://t.co/2zYLlBLflN