ProCap Goes Public: Anthony Pompliano Leads $1B Bitcoin-SPAC Merger

Anthony Pompliano is taking a major step toward integrating Bitcoin into public markets. His bitcoin-native platform, ProCap BTC, is going public through a $1 billion SPAC merger with Columbus Circle Capital Corp. I, a SPAC affiliated with Cohen & Company. The newly formed entity, ProCap Financial, Inc., is set to become one of the largest public bitcoin treasury vehicles ever launched.

Backed by $775 million in funding — including $550M in preferred equity and $225M in convertible notes — the company is already acquiring BTC ahead of the deal’s close, offering near-instant exposure for shareholders. ProCap plans to deploy its bitcoin treasury through active yield-generating strategies, bringing a unique model to the public markets.

Pompliano’s mission is clear: build the future of finance on a bitcoin-native foundation.

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Read the full story: www.ecoinimist.com/2025/06/23/procap-going-public-bitcoin-wall-street