Anthony Pompliano plans to launch Bitcoin investment tool and raise $750 million

BlockBeats News: On June 13th, according to the Financial Times, cryptocurrency entrepreneur Anthony Pompliano is reportedly planning to launch a new Bitcoin investment tool with a goal of raising $750 million. Pompliano is expected to become the CEO of ProCapBTC. ProCapBTC is a special purpose acquisition company (SPAC) planning to merge with the publicly traded Columbus Circle Capital 1. It is reported that under the leadership of Anthony Pompliano (discussions are still ongoing), ProCapBTC will seek to raise $500 million in equity financing and $250 million in convertible debt through its merger with Columbus Circle Capital 1. Columbus Circle Capital 1 is supported by investment bank Cohen&Company. This ProCapBTC transaction may be announced as early as next week, but the specific terms have not been finalized yet.