Today news
About the same in other media
Kevin Durant’s new SPAC firm to focus on crypto and blockchain
Reading now: 600
Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant's business associate Rich Kleiman.
Durant, who was an early Coinbase backer, isn't done exploring the sector yet. His new SPAC company is planning to invest in crypto and blockchain-related businesses.
The new SPAC, Infinite Acquisition Corp., which was formed on Nov. 3 according to its SEC filing, seeks to raise $200 million in its initial public offering. A SPAC is a company that was formed to combine with or acquire another private firm and eventually go public. Because their only aim is to
Read more on cointelegraph.comAbout this in other media
New age investing: Why cryptocurrency is the new investment fad? financialexpress.com /3 years ago
India Needs "Well-Informed" Debate On Cryptocurrency, Says RBI Chief ndtv.com /3 years ago
Art from acrimonious divorce raises $676m at Sotheby’s in New York theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
