ProCap BTC and Columbus Circle Capital Corp. I Announce $1 Billion Business Combination to Form ProCap Financial

Reuters

06-27

ProCap BTC and <a href="https://laohu8.com/S/CCCMU">Columbus Circle Capital Corp. I</a> Announce $1 Billion Business Combination to Form ProCap Financial

Global law firm Reed Smith LLP has announced its role as legal counsel to ProCap BTC, LLC in its proposed business combination with Columbus Circle Capital Corp. I, a special purpose acquisition company. The transaction will result in the formation of ProCap Financial, Inc., which aims to position itself as a leader at the intersection of bitcoin and traditional finance. The deal includes a significant capital raise, totaling over $750 million, marking the largest initial fundraise for a public bitcoin treasury company. ProCap BTC's founder, Anthony Pompliano, will lead ProCap Financial as CEO upon the closing of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbus Circle Capital Corp. I published the original content used to generate this news brief via PR Newswire (Ref. ID: NY19653) on June 26, 2025, and is solely responsible for the information contained therein.

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I Announce $1 Billion Business Combination to Form ProCap Financial","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      ProCap BTC and <a href=\"https://laohu8.com/S/CCCMU\">Columbus Circle Capital Corp. I</a> Announce $1 Billion Business Combination to Form ProCap Financial\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Global law firm Reed Smith LLP has announced its role as legal counsel to ProCap BTC, LLC in its proposed business combination with Columbus Circle Capital Corp. I, a special purpose acquisition company. The transaction will result in the formation of ProCap Financial, Inc., which aims to position itself as a leader at the intersection of bitcoin and traditional finance. 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I Announce $1 Billion Business Combination to Form ProCap Financial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-27 00:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      ProCap BTC and <a href=\"https://laohu8.com/S/CCCMU\">Columbus Circle Capital Corp. I</a> Announce $1 Billion Business Combination to Form ProCap Financial\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Global law firm Reed Smith LLP has announced its role as legal counsel to ProCap BTC, LLC in its proposed business combination with Columbus Circle Capital Corp. I, a special purpose acquisition company. The transaction will result in the formation of ProCap Financial, Inc., which aims to position itself as a leader at the intersection of bitcoin and traditional finance. The deal includes a significant capital raise, totaling over $750 million, marking the largest initial fundraise for a public bitcoin treasury company. 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ID: NY19653) on June 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCCM","symbol_name":"Columbus Circle Capital Corp I","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250626:nNDL3LSdBp:1","article_id":"2546758910","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546758910","pubTimestamp":1750956004,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Global law firm Reed Smith LLP has announced its role as legal counsel to ProCap BTC, LLC in its proposed business combination with Columbus Circle Capital Corp. 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