The deal followed the mergers with Columbus Circle Capital, which allowed to attract more than $ 750 million and create a public company Procap Financial, the shares of which will be quoted on NASDAQ.
The founder and CEO of Anthony Pliano said that Procap Financial intends not only to accumulate bitcoin, but also to develop new financial products to generate income from cryptocurrency assets for its shareholders.
“Our goal is to create a platform that not only acquires bitcoin for storage, but also implements solutions for generating income and profit. We plan to bring the volumes of our bitcoin reservations to $ 1 billion, ”Pliano said.
The businessman added that his company used the funds involved in the signing of the merger contract to purchase the first bitcoin steak, and also provided them with immediate access to the flagship cryptocurrency.
Earlier, Anthony Pliano proposed to the new administration of Donald Trump to perform three actions, thanks to which bitcoin could integrate into the US economy faster.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.