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Nalezeno "special purpose acquisition company": 3

Faze Clan Going Public In Deal That Is Somehow Worth $1 Billion


Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.Read more

Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion


Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under...

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