Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Markuri33 on November 04, 2021, 01:04:28 AM
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The NBA star and early Coinbase investor has launched a $200M SPAC that could merge with or acquire a crypto firm.As an early investor in Coinbase, NBA superstar Kevin Durant likely profited handsomely when the cryptocurrency exchange went public earlier this year. However, he might not be done making moves into the space, as his investment firm just launched a SPAC that is looking into the crypto industry for a potential merger or acquisition.
Today, the SEC published a filing for a new SPAC named Infinite Acquisition Corp. for a public offering for up to $200 million. Infinite is a collaboration between Thirty Five Ventures—Durant’s investment firm with business partner Rich Kleiman—and investment and banking firm LionTree.more information (https://decrypt.co/85205/nba-kevin-durant-crypto-acquisition-spac)