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Pompliano seeks to raise $200 million for ProCap Acquisition through a SPAC IPO.
Golden Finance reports that renowned Crypto Assets investor Anthony Pompliano has applied for a $200 million IPO via a SPA, with the company named ProCap Acquisition Corp. This SPA aims to target high-growth companies in the fintech and digital asset sectors. Pompliano was the product chief at Facebook and a former co-founder of Morgan Creek Digital, and is now running Professional Capital Management. The ProCap management team includes professionals with backgrounds in mergers and acquisitions, venture capital, and digital asset compliance.