Cantor Fitzgerald SPAC will reach a $4 billion Bitcoin deal with Adam Back

Jul 16, 2025 08:38:38

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ChainCatcher news, according to the Financial Times, Cantor Fitzgerald-backed special purpose acquisition company (SPAC) Cantor Equity Partners 1 is in late-stage negotiations with Bitcoin developer Adam Back to purchase Bitcoin worth $3-4 billion. The deal will closely follow Cantor's first Bitcoin financing transaction completed on May 27 with Maple Finance and FalconX.

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