procapbtc

ChainCatcher news, according to Cointelegraph, cryptocurrency entrepreneur Anthony Pompliano is reportedly planning to launch a new Bitcoin investment tool, aiming to raise $750 million. Pompliano is expected to serve as the CEO of ProCapBTC. ProCapBTC is a special purpose acquisition company (SPAC) that plans to merge with the publicly listed Columbus Circle Capital 1.It is reported that under Anthony Pompliano's leadership (discussions are still ongoing), ProCapBTC will seek to raise $500 million in equity financing and $250 million in convertible debt through the merger with Columbus Circle Capital 1. Columbus Circle Capital 1 is supported by the investment bank Cohen & Company. This ProCapBTC deal could be announced as early as next week, but the specific terms have not yet been finalized.