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Ryan Gentry Launches $200M SPAC for Digital Finance

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Sohrab Khawas

Ryan Gentry, former business lead at Lightning Labs, has filed for a $200 million SPAC called Bitcoin Infrastructure Acquisition Corp, which plans to list on Nasdaq as “BIXIU.” The SPAC will focus on investing in companies involved in digital assets, Web3, and financial infrastructure. Key board members include the COO of DeFi Development Corp and the investment head of Kindly (formerly Nakamoto), bringing strong industry expertise to the new venture. This move aims to boost innovation in the blockchain space.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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