The cryptocurrency investment startup Parataxis Holdings plans to go public through a SPAC agreement.

2025-06-09 20:21:21

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SilverBox Corp IV (SBXD), a special purpose acquisition company, has signed a non-binding letter of intent with Parataxis Holdings LLC to combine businesses. If successful, this combination will create a leading digital asset management platform focused on investing in Bitcoin and other digital assets, aimed at generating long-term value.

Joe Reece from SilverBox Capital emphasized that Parataxis is the ideal partner due to its deep expertise and track record. Edward Chin from PCM stated that this is a natural progression, with a multi-strategy platform that meets the investment needs of institutions. The transaction is expected to include economic benefits from a project in South Korea, where there is a high demand for digital assets. Clear Street is advising SilverBox in this transaction.

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