ProCap Financial has completed over $750 million in fundraising and will go public through a SPAC.

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[ProCap Financial raises over $750 million and will go public via SPAC] ProCap Financial, supported by cryptocurrency investor Anthony Pompliano, announced it has completed fundraising of over $750 million (including $235 million in convertible bonds) and will go public through a special purpose acquisition company (SPAC) established in partnership with Columbus Circle Capital Corp. I. The company's goal is to hold up to $1 billion in Bitcoin on its balance sheet and generate revenue through a full-stack, Bitcoin-denominated financial service platform.

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