Senior executives from Trump Media & Technology Group have launched a new special purpose acquisition company (SPAC), Renatus Tactical Acquisition Corp I, aiming to raise $179 million. The SPAC, registered in the Cayman Islands, plans to use the funds to acquire businesses in the cryptocurrency, blockchain, data security, and dual-use technologies sectors, according to a filing with the Securities and Exchange Commission. The leadership of Renatus Tactical includes Eric Swider, a Trump Media board member and former CEO of the company that merged with Trump Media, Devin Nunes, who serves as CEO, president, and chair of Trump Media and also chairs Renatus Tactical's board, and Alexander Cano, the COO of Renatus Tactical and former president and secretary of the firm that merged with Trump Media. The backdrop of this launch includes a history of merger drama between Trump Media and Digital World, which was fraught with legal and regulatory challenges. The move comes as the Trump administration seeks to shape the cryptocurrency sector, with Renatus Tactical noting in its SEC filing that the current administration has taken steps to integrate digital assets into the national financial strategy. This initiative is set against a regulatory environment where Trump appointees lead key agencies overseeing mergers.