Lightning Labs CEO applies to establish a $200 million SPAC to acquire digital financial infrastructure companies

Aug 29, 2025 13:10:56

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ChainCatcher news, according to Cointelegraph, Lightning Labs CEO Ryan Gentry has applied to establish a special purpose acquisition company (SPAC) valued at $200 million, named Bitcoin Infrastructure Acquisition Corp, with the aim of acquiring digital financial infrastructure companies. The board members come from DeFi Dev Corp and Nakamoto (Kindly).

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