ProCap Financial Launches with $1 BN Bitcoin Strategy
Entrepreneur Anthony Pompliano merged ProCap BTC with Columbus Circle Capital I, forming ProCap Financial, aimed at managing up to $1 billion in Bitcoin treasury assets. The firm plans to monetize its holdings through lending, derivatives, and more. Major investors include Susquehanna, Jane Street, and Pantera—marking the largest initial fundraising in the Bitcoin treasury space $BNB .