"The SPAC market is showing renewed momentum. With regulatory headwinds easing, and investor interest in SPACs picking up speed, SPAC teams are seizing the opportunity to launch new SPAC IPOs and ...
Chamath Palihapitiya has been involved with a number of high-profile SPAC deals, including SoFi and Virgin Galactic. Both Palihapitiya's personal track record and the long-term performance of the ...
Chamath Palihapitiya shares what he thinks is going wrong in crypto, and why he wants crypto exchanges to be subpoenaed.
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Ripple is raising $1 billion through a SPAC to buy and hold more XRP tokens
Ripple Labs is raising $1 billion to fill up a new crypto war chest with more XRP, even as most of the market is still wrecked from last week’s meltdown. The company is creating what it calls a ...
NEW YORK CITY, NY / ACCESS Newswire / July 7, 2025 / A new survey of SPAC market professionals released today reveals a cautiously optimistic outlook for the sector, with expectations for increased ...
(Reuters) -Chamath Palihapitiya, dubbed Wall Street's "SPAC king" for his high-profile blank-check deals, is set to take his latest special purpose acquisition vehicle public, marking his return to ...
Palihapitiya's new SPAC focuses on four core themes: artificial intelligence (AI), energy production, crypto, and defense. While there are limitless candidates for the new SPAC, one software startup ...
Known to some as the "SPAC King," Chamath Palihapitiya once had plans to launch SPACs with tickers IPOA through IPOZ. Those initial dreams failed, as several SPACs were liquidated without merger ...
2020 was the year of the special purpose acquisition company (“SPAC”), with over $ 70 billion raised in deal value, a five-fold increase over 2019. [1] SPACs are a large, growing and ebullient market.
Net proceeds would mainly fund open-market XRP purchases for a public treasury; the model is active, not an ETF, using ...
If you were an investor who got burned during the SPAC craze of 2020 and 2021, I wouldn’t blame you for swearing off special purpose acquisition company deals forever. In the wake of Covid-19 stimulus ...
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