Chamath Palihapitiya, the famous Bitcoin investor and billionaire, has just filed to establish a SPAC named American Exceptionalism Acquisition Corp, aiming to raise $250 million through the sale of 25 million shares, listed on the NYSE under the ticker AEXA.

Unlike the current trend of SPACs focusing on acquiring Bitcoin as reserves, Palihapitiya's SPAC will focus on DeFi, AI, energy, and defense, specifically targeting companies that combine traditional finance (TradFi) with decentralized finance (DeFi). He emphasizes that, while still supporting Bitcoin as an inflation hedge, the next stage of finance is the integration of TradFi and DeFi, with the striking example being the success of the stablecoin Circle, proving that DeFi can reduce reliance on traditional intermediaries and bring real value to customers.