Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Anthony Pompliano’s fintech-focused SPAC, ProCap Acquisition Corp, rose 7% on its Nasdaq debut after bumping its IPO to $220 million a day before listing. Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its…

Read More
Brazil fintech gets approval to become a Bitcoin treasury company

Brazil fintech gets approval to become a Bitcoin treasury company

Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it acquired another 274.5 Bitcoin. Méliuz’s executive chairman says his fintech firm has become Brazil’s first publicly-traded Bitcoin treasury company following shareholder approval, with the firm also announcing it bought $28.4 million worth of Bitcoin to…

Read More