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Crypto platform Parataxis eyes public listing via SPAC merger

From cointelegraph.com

Parataxis Holdings, a Bitcoin investment platform, is looking to go public through a merger with a $200 million special acquisition company. The New York Stock Exchange-listed SPAC SilverBox Corp IV entered into a non-binding letter of intent with Parataxis Holdings LLC on Monday, an affiliate of Parataxis Capital Management, a digital asset investment firm founded in 2019. SilverBox Corp IV is an affiliate of SilverBox Capital LLC, a company founded in 2020 to provide alternative investment management services and sponsor SPACs. The proposed merger indicates growing institutional investor interest in Bitcoin and ... (full story)

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  • Category: Crypto Industry News