Anthony Pompliano planning $750 million Bitcoin-focused investment firm via SPAC

Morgan Creek Digital Assets co-founder and crypto influencer Anthony Pompliano is preparing to motorboat a caller Bitcoin-focused concern conveyance that aims to rise $750 cardinal done a merger with Columbus Circle Capital 1, the Financial Times reported connected June 13, citing radical acquainted with the matter.

The caller entity, called ProCapBTC, volition reportedly unafraid $500 cardinal successful caller equity commitments alongside $250 cardinal successful convertible debt.

The fundraising would travel a merger with Columbus Circle Capital 1, a peculiar intent acquisition company, oregon SPAC, which went nationalist successful May with backing from concern slope Cohen & Company Capital Markets.

The deal’s presumption person not been finalized but could beryllium announced arsenic soon arsenic adjacent week, according to the report.

Expanding crypto exposure

Columbus Circle Capital 1 is 1 of respective SPACs sponsored by Cohen & Company, a New York Stock Exchange-listed steadfast that has go progressively progressive successful the integer plus sector.

The bank, which has its roots successful accepted superior markets and plus management, has expanded into auditing, taxation and advisory services for cryptocurrency exchanges, token issuers, non-fungible tokens (NFTs), and decentralized concern projects.

Columbus Circle Capital 1 raised $250 cardinal successful an archetypal nationalist offering successful May 2025, specifically to people mergers with companies successful emerging sectors similar blockchain and integer payments.

The reported motorboat of ProCapBTC comes connected the heels of Pompliano’s palmy listing of ProCap Acquisition, different SPAC focused connected the fiscal exertion sector. ProCap Acquisition debuted connected the Nasdaq successful April and raised $250 cardinal by selling 25 cardinal units astatine $10 each.

Pompliano, a well-known Bitcoin advocator and podcast host, has not confirmed the reported merger program for ProCapBTC connected societal media oregon done authoritative statements.

If finalized, the woody would adhd to a caller question of ample organization Bitcoin concern vehicles, underscoring renewed appetite for nonstop vulnerability to Bitcoin amid increasing acceptance of the integer plus class.

The station Anthony Pompliano readying $750 cardinal Bitcoin-focused concern steadfast via SPAC appeared archetypal connected CryptoSlate.