Executive officials plan to encrypt to 200 million dollars “Bitcoin Infrastructure” public subscription

A group of Crypto CEOs cooperates to raise $ 200 million to take their first -style empty company amid a boom in a general encoding.

Bitcoin Infrastructure Custom Custom Corp Ltd, a private company to acquire the Bitcoin Islands (plumber), You plan to provide 20 million shares for $ 10 each on the Nasdaq Stock Exchange under the “Bixiu” index, in one of the organization presentation Wednesday.

The company plans to integrate with a current company to abandon it in public, but it has not yet specified the goal. You will focus on participants in “digital assets, web3 technologies, financial services infrastructure, and other Blockchain business models.

He added that her best copper “is in a good position to identify companies that build a basic infrastructure such as governor, nursery, exchanges, lending protocols, distinctive financial tools as well as applications in the real world for the professor’s distributor book techniques, including payments, Defi, and cross financing.”

Wall Street threw billions of dollars in encryption companies that first appeared this year, such as the StableCoin Circle Internet Group and Crypto Exchange Bullish. SPACS collected billions with Promises to bring private encryption companies To the market.

Bitcoin infrastructure heads are linked to encryption

Bitcoin’s infrastructure is chaired by CEO Ryan Jenter, who has led business development in Lightning Labs, a developer of Bitcoin Layer 2 Lightning Network over the past five years.

He previously spent two years as a major analyst at Multicoin Capital, a project company that has supported a wide range of encryption projects, and is said to work with Galaxy Digital and Jump Crypto A collection of $ 1 billion To take over a public company and transfer it to the Solana Treasury (SOL).

The company James Jim “Deangelis” participated as its financial president, who helped head the financing in the Rural Risk Adviser.

Kroll is the agent of claims in multiple encryption cases, and faces a lawsuit He accused him of neglect On the data breach that affected the creditors of FTX, BLOCKFI and Genesis.

Vikas Mittal will also be a manager and form a part of the company’s management. MITTAL is the chief investment employee of Meteora Capital, an investment company that sponsors the general bids of Bitcoin’s infrastructure that created a Spac that brought the ATM Crypto Bitcoin Depot operator in 2023.

MITTAL is also the president and head of the CSLM Digital Asset Councition Corp III, and another Spac closed 230 million dollars in subscription on Thursday with a plan to obtain a company.

A plate stacked with encryption talents

Bitcoin’s infrastructure has also mobilized its board of directors with CEOs who have long participated in encryption.

The company’s chair is Parker White, the former engineering director of Crypto Exchange Kaken, head of operation and investment now at Defi Development Corporation, a real estate technology company Solana has turned to buy.

The co -founder of Crypto Miner Giga Energy, Matt Lohstroh, was also brought on the blackboard, as was the Tyler Evans, who co -founded the publisher of Bitcoin BTC Inc magazine and UTXO Management that focuses on Bitcoin.

Related to: Gryphon shares increases by 231 % before Bitcoin American American integration

Evans became the president of the investment company for the healthcare company in March, who merged with Nakamoto Holdings, which focuses on Bitcoin to turn into Bitcoin (BTC) that said on Tuesday that it is looking To raise 5 billion dollars.

Crypto Spacs 575 million dollars in two days raised

Two Spacs collected a total of $ 575 million in the past two days, both of which are looking to target the encryption.

Besides CSLM Digital Assegity Corp III, 230 million dollars from public subscription on Thursday, the M3-Brigade Councion Vi Corp empty company He said 345 million dollars closed the public subscription on the same day.

The company said it sold 34.5 million shares for $ 10 each on the Nasdaq Stock Exchange. The former SPAC company, from its mother company, M3-BRIGADE, established Crypto Management Company Reservone Year in July.

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