Parataxis Capital, a prominent crypto hedge fund, is set to make waves on Wall Street. According to CoinDesk, the company has confirmed its plans to list on the New York Stock Exchange (NYSE) through a merger with a Special Purpose Acquisition Company (SPAC). The newly formed entity will be known as Parataxis Holdings, trading under the ticker symbol PRTX. A significant portion of the funds raised from this merger, approximately $31 million, will be strategically allocated to Bitcoin (BTC) investments. Parataxis Holdings aims to capitalize on the growing interest in cryptocurrency, with a specific focus on the US and South Korean markets. This move signals a growing acceptance of digital assets within traditional financial markets. Parataxis' previous interest in acquiring Bridge Biotherapeutics, a KOSDAQ-listed company, demonstrates their diverse investment strategy. ```

#BTC