Happy Tuesday, Blockfolians! The Lede One of the defining features of contemporary public markets are Special Purpose Acquisition Companies or SPACs. These “blank check” companies allow their promoters to raise public market capital with the intention of merging with a private company, in the process, bringing that company public without the rigamarole of the IPO process.
eToro's $10B Crypto SPAC
eToro's $10B Crypto SPAC
eToro's $10B Crypto SPAC
Happy Tuesday, Blockfolians! The Lede One of the defining features of contemporary public markets are Special Purpose Acquisition Companies or SPACs. These “blank check” companies allow their promoters to raise public market capital with the intention of merging with a private company, in the process, bringing that company public without the rigamarole of the IPO process.