
PANews|Jun 23, 2025 12:40
Anthony Pompliano announces $1 billion merger to form ProCap Financial, aiming to build a Bitcoin native financial platform
Anthony Pompliano tweeted that his private company ProCap BTC, LLC will merge with Nasdaq listed SPAC company Columbus Circle Capital Corp I (CCCM) to form a new company, ProCap Financial, valued at $1 billion.
Pompliano also announced that it has completed a $750 million funding round, becoming the largest first round of funding for a publicly traded Bitcoin vault in history. ProCap Financial will focus on purchasing Bitcoin and developing profitable financial products based on holdings.
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