News Formal

Fintech Firm Qenta to Go Public Through SPAC Merger

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Qenta, a fintech firm that tracks precious metals using blockchain technology, will be listed on Nasdaq following a SPAC deal with Blockchain Coinvestors Acquisition Corp. Reporting by oknightcrypto.

Both companies have unanimously approved the transaction, which is expected to be completed in the first half of 2023.

Once completed, the combined company will have an initial market cap will be approximately $904 million. Qenta also secured $180 million in capital from GEM Global Yield, a Luxembourg investment firm. GEM will provide Qenta with a share subscription facility for 48-months. Qenta has forayed into the digital asset space from precious metals, it focuses on digitizing transactions while offering provenance, custody and ownership tracking through blockchain technology.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 291. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Shares of Truth Social merger partner fall after Trump's candidates underwhelm in midterm electionsShares of Truth Social- SPAC drop after Trump's candidates underwhelm in midterm election ETTD TheRickWilson dump trump
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

WSJ News Exclusive | Goldman Sachs, Eager to Grow Cards Business, Courted Credit-Card Technology FirmsExecutives of the Wall Street firm expressed interest in buying a fintech that could help it win more credit card programs. Loaded with apple calls! Biden bear market is over!
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »