D/ACC Solana CTO

You're part of the DeFi Renaissance.

Today I am announcing a $1 BILLION merger to create ProCap Financial, a bitcoin-native financial services. The company will be a publicly traded entity on Nasdaq at the conclusion of the proposed business combination between my private company ProCap BTC, LLC and Columbus Circle Capital Corp I, a publicly traded SPAC. The ticker for the publicly traded entity right now is $CCCM. As part of the business combination, I have raised over $750 million, which is the largest initial fundraise in history for a publicly-traded bitcoin treasury company. We are fortunate to have raised this capital from some of the leading institutional investors on Wall Street, along with many of the top crypto investors globally. ProCap Financial will focus on acquiring bitcoin for its balance sheet, while also developing products and services to produce revenue and profit from the bitcoin on our balance sheet over time. It is time to get to work.

Ethereum Layer 1 will be the master ledger for the 🌎🌍🌏. Permissionless to inspect, use and add data or functionality to. Credibly neutral. Censorship resistant. Tamper resistant and tamper evident (via slashing and transparency). Incessantly progressively decentralizing itself. With a best-in-class giant community that is constantly hyper vigilant as there will always be patient, well resourced actors working to subvert the system. Fortunately this will get harder and harder as Ethereum grows and matures.