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Cantor Approaches $3 Billion Cryptocurrency SPAC Joint Venture with SoftBank, Tether-FT
#SPAC
A joint venture led by Mr. Brandon Lutnick, chairman of brokerage at Cantor Fitzgerald, is collaborating with SoftBank (TYO:9984), Tether, and Bitfinex to invest in cryptocurrency, according to a report by the Financial Times on Tuesday.
This collaboration aims to invest billions of dollars in cryptocurrency using a method similar to Strategy, formerly known as MicroStrategy, a company that has seen exponential value growth after heavily investing in Bitcoin, according to the FT report, citing knowledgeable sources.
A joint venture led by Mr. Brandon Lutnick, chairman of brokerage at Cantor Fitzgerald, is collaborating with SoftBank (TYO:9984), Tether, and Bitfinex to invest in cryptocurrency, according to a report by the Financial Times on Tuesday.
This collaboration aims to invest billions of dollars in cryptocurrency using a method similar to Strategy, formerly known as MicroStrategy, a company that has seen exponential value growth after heavily investing in Bitcoin, according to the FT report, citing knowledgeable sources.
News: Trump Media execs launch new SPAC targeting crypto & blockchain!
Aiming to raise $179M, the SPAC plans to acquire high-potential businesses in crypto, blockchain, data security, and dual-use tech across the U.S.
#crypto #blockchain #SPAC #TRUMP
Aiming to raise $179M, the SPAC plans to acquire high-potential businesses in crypto, blockchain, data security, and dual-use tech across the U.S.
#crypto #blockchain #SPAC #TRUMP
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Trump Media executives establish a Special Purpose Acquisition Company (SPAC) to make a high-profile entry into the cryptocurrency sector
Executives from Trump Media & Technology Group (TMTG) have collaborated to form a Special Purpose Acquisition Company (SPAC) named Renatus Tactical Acquisition Corp I (RTAC-I), planning to raise approximately $179 million to enter the blockchain, cryptocurrency, and data security fields.
This acquisition company is registered in the Cayman Islands and has already submitted its S-1 form to the SEC, preparing for an initial public offering (IPO). Each share in the IPO consists of one share of Class A common stock and half a redeemable warrant, with each warrant convertible into one share of Class A common stock.
The company's objective is to identify potential companies in the United States, focusing on blockchain, cryptocurrency, and data security sectors, and to expand its business through mergers and acquisitions. The company will also leverage the expertise of Global Client Advisory Group (GCAG) in media, technology, and financial services, along with President Trump's leadership background and favorable policies, to achieve its goals.
The leadership of this new company includes Eric Swider as CEO and Devin Nunes as Chairman of the Board. Both are seasoned professionals in the technology and financial services sectors and have close ties with Trump Media & Technology Group (TMTG). They have played a crucial role in navigating the complexities of this IPO, particularly regarding regulatory issues.
RTAC-I emphasized in its S-1 filing to the SEC that digital assets represent the next critical direction in the national financial strategy, making current investment entry essential. However, they also recognize that, given the company's association with President Trump, it may face numerous challenges, including regulatory and political issues.
In summary, the establishment of the SPAC signifies the official entry of Trump-affiliated executives into the cryptocurrency and blockchain sectors.
Despite facing regulatory and political challenges, RTAC-I's strong leadership team and resource advantages make its potential in the blockchain and cryptocurrency space noteworthy.
In the future, whether this SPAC acquisition company can successfully leverage the market remains to be seen.
What do you think about Trump executives entering the cryptocurrency sector? Do you believe the SPAC can succeed in the cryptocurrency field?
#特朗普 #加密货币 #SPAC
Executives from Trump Media & Technology Group (TMTG) have collaborated to form a Special Purpose Acquisition Company (SPAC) named Renatus Tactical Acquisition Corp I (RTAC-I), planning to raise approximately $179 million to enter the blockchain, cryptocurrency, and data security fields.
This acquisition company is registered in the Cayman Islands and has already submitted its S-1 form to the SEC, preparing for an initial public offering (IPO). Each share in the IPO consists of one share of Class A common stock and half a redeemable warrant, with each warrant convertible into one share of Class A common stock.
The company's objective is to identify potential companies in the United States, focusing on blockchain, cryptocurrency, and data security sectors, and to expand its business through mergers and acquisitions. The company will also leverage the expertise of Global Client Advisory Group (GCAG) in media, technology, and financial services, along with President Trump's leadership background and favorable policies, to achieve its goals.
The leadership of this new company includes Eric Swider as CEO and Devin Nunes as Chairman of the Board. Both are seasoned professionals in the technology and financial services sectors and have close ties with Trump Media & Technology Group (TMTG). They have played a crucial role in navigating the complexities of this IPO, particularly regarding regulatory issues.
RTAC-I emphasized in its S-1 filing to the SEC that digital assets represent the next critical direction in the national financial strategy, making current investment entry essential. However, they also recognize that, given the company's association with President Trump, it may face numerous challenges, including regulatory and political issues.
In summary, the establishment of the SPAC signifies the official entry of Trump-affiliated executives into the cryptocurrency and blockchain sectors.
Despite facing regulatory and political challenges, RTAC-I's strong leadership team and resource advantages make its potential in the blockchain and cryptocurrency space noteworthy.
In the future, whether this SPAC acquisition company can successfully leverage the market remains to be seen.
What do you think about Trump executives entering the cryptocurrency sector? Do you believe the SPAC can succeed in the cryptocurrency field?
#特朗普 #加密货币 #SPAC
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👀SEC fines Cantor Fitzgerald $6.75 million for misleading statements related to SPAC
The U.S. Securities and Exchange Commission (SEC) has imposed a fine of $6.75 million on Cantor Fitzgerald – the primary custodian of Tether. The reason stems from misleading statements made to investors in two SPAC projects that raised a total of $750 million.
Sanjay Wadhwa, Acting Director of the SEC's Enforcement Division, revealed that although Cantor Fitzgerald denied participating in merger negotiations in public filings, in reality, the company was conducting significant merger discussions with several private firms. This discrepancy between statement and action is the reason behind the penalty from the SEC.
The SEC's decision serves not only as a lesson for Cantor Fitzgerald but also as a strong warning to financial institutions. In the context of increasing attention on SPACs, a lack of transparency and honesty in communication with investors not only erodes trust but can also lead to serious consequences. #SEC #SPAC #Write2Earn!
The U.S. Securities and Exchange Commission (SEC) has imposed a fine of $6.75 million on Cantor Fitzgerald – the primary custodian of Tether. The reason stems from misleading statements made to investors in two SPAC projects that raised a total of $750 million.
Sanjay Wadhwa, Acting Director of the SEC's Enforcement Division, revealed that although Cantor Fitzgerald denied participating in merger negotiations in public filings, in reality, the company was conducting significant merger discussions with several private firms. This discrepancy between statement and action is the reason behind the penalty from the SEC.
The SEC's decision serves not only as a lesson for Cantor Fitzgerald but also as a strong warning to financial institutions. In the context of increasing attention on SPACs, a lack of transparency and honesty in communication with investors not only erodes trust but can also lead to serious consequences. #SEC #SPAC #Write2Earn!
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Trump Media witnesses the launch of a new SPAC for the acquisition of a cryptocurrency company
March 20, 2025
Trump Media has filed for a Special Purpose Acquisition Company (SPAC) in preparation for acquiring cryptocurrency companies in the future. The media company affiliated with the American president has conducted several acquisitions over the past year.
The Asian cryptocurrency community woke up to the news of Bitcoin's price briefly reaching $87,000 on the morning of March 20. However, the cryptocurrency then fell back to $85,000. Despite this decline, the market generally reflects rising prices, which resulted from Trump's request to the Federal Reserve to lower interest rates.
Meanwhile, Trump Media, affiliated with the American president, has taken steps that caught the attention of members. Trump Media registered with the U.S. Securities and Exchange Commission (SEC) as a Special Purpose Acquisition Company (SPAC) to raise funding. Furthermore, the company set a target of $179 million for financing the acquisition of cryptocurrency companies.
According to a Forbes report, three senior officials from Trump Media registered in the open-check company. They plan to use the funding to acquire a cryptocurrency-focused company soon.
#TrumpMedia #spac #sec
March 20, 2025
Trump Media has filed for a Special Purpose Acquisition Company (SPAC) in preparation for acquiring cryptocurrency companies in the future. The media company affiliated with the American president has conducted several acquisitions over the past year.
The Asian cryptocurrency community woke up to the news of Bitcoin's price briefly reaching $87,000 on the morning of March 20. However, the cryptocurrency then fell back to $85,000. Despite this decline, the market generally reflects rising prices, which resulted from Trump's request to the Federal Reserve to lower interest rates.
Meanwhile, Trump Media, affiliated with the American president, has taken steps that caught the attention of members. Trump Media registered with the U.S. Securities and Exchange Commission (SEC) as a Special Purpose Acquisition Company (SPAC) to raise funding. Furthermore, the company set a target of $179 million for financing the acquisition of cryptocurrency companies.
According to a Forbes report, three senior officials from Trump Media registered in the open-check company. They plan to use the funding to acquire a cryptocurrency-focused company soon.
#TrumpMedia #spac #sec
Trump Media Executives Unveil $179M SPAC to Disrupt Crypto & Tech Sectors
In a bold move that intertwines politics, finance, and blockchain innovation, three senior executives from Trump Media & Technology Group have launched Renatus Tactical Acquisition Corp I, a Cayman Islands-registered Special Purpose Acquisition Company (SPAC). Their mission? To raise $179 million and strategically invest in cryptocurrency, blockchain, data security, and dual-use technology—sectors increasingly shaping the global economy.
🔥 A Powerhouse Team with Deep Trump Media Ties
At the helm of Renatus Tactical are key figures from Trump Media, each bringing strategic experience and influence:
Eric Swider (CEO) – A Trump Media board member, previously led the firm that merged with it.
Devin Nunes (Chairman) – The CEO of Trump Media and a former U.S. Congressman, now steering Renatus Tactical’s direction.
Alexander Cano (COO) – Played a pivotal role in the Trump Media merger, now overseeing Renatus Tactical’s operational strategy.
With such deep Trump Media connections, this venture is more than just another SPAC—it’s a potential political and financial power play in the blockchain world.
💰 Strategic Fundraising & Investment Approach
Renatus Tactical is set to sell 17.5 million shares at $10 each, aiming to raise $178.9 million in an initial public offering (IPO). Additionally, it will issue 3.94 million private warrants at $1 each, bolstering its financial arsenal for high-stakes acquisitions.
This SPAC isn't just looking for any crypto or tech business—it’s targeting industries with strong government oversight, a move that could see it leverage influence from Trump-era regulators at the SEC, DOJ, and FTC.
⚖️ Regulatory & Political Implications: A Double-Edged Sword?
While Renatus Tactical’s leadership is well-connected, its close ties to Trump Media could create a divisive investment landscape. On one hand, the SPAC benefits from a potential regulatory edge, given the past influence of Trump-appointed officials in key financial institutions. On the other, it risks alienating investors or businesses unwilling to associate with Trump-branded ventures.
The firm’s SEC registration filing explicitly notes that digital assets are becoming central to national financial strategy, reinforcing why crypto and blockchain investments are its primary focus. However, it also acknowledges that some businesses may be hesitant to engage due to its political affiliations.
🚀 Trump’s Expanding Crypto Empire & Market Disruption
Renatus Tactical's launch isn't an isolated event—it’s part of a broader financial strategy linked to Trump’s growing footprint in crypto.
On March 13, Trump’s World Liberty Financial project announced it had raised $250 million in its second token sale, bringing total sales to a staggering $550 million since launching in October. Reports suggest the Trump family could receive up to 75% of net revenue from this venture, signaling a serious commitment to the digital asset space.
🔮 What’s Next? A Pivotal Moment for Crypto & Political Finance
Renatus Tactical now faces two critical challenges:
1️⃣ Gaining Investor Confidence – Convincing both institutional and retail investors that its Trump-affiliated crypto and tech strategy is a winning bet.
2️⃣ Navigating Political & Regulatory Uncertainty – While it may have allies in financial oversight bodies, shifting political landscapes could pose compliance risks and roadblocks.
With crypto regulation tightening across the U.S. and political figures increasingly shaping blockchain policy, Renatus Tactical’s journey could redefine how politics, technology, and finance intersect in the digital age.
🎯 Final Thought: A High-Stakes Game with Billion-Dollar Potential
Renatus Tactical isn’t just another SPAC—it’s a calculated move in the high-stakes world of crypto, politics, and Wall Street power plays. Whether it emerges as a dominant force or faces regulatory resistance, one thing is clear: Trump-affiliated ventures are no longer just political—they're shaping the future of digital finance.
#CryptoNews #TrumpMedia #SPAC #Blockchain #Bitcoin
🔥 A Powerhouse Team with Deep Trump Media Ties
At the helm of Renatus Tactical are key figures from Trump Media, each bringing strategic experience and influence:
Eric Swider (CEO) – A Trump Media board member, previously led the firm that merged with it.
Devin Nunes (Chairman) – The CEO of Trump Media and a former U.S. Congressman, now steering Renatus Tactical’s direction.
Alexander Cano (COO) – Played a pivotal role in the Trump Media merger, now overseeing Renatus Tactical’s operational strategy.
With such deep Trump Media connections, this venture is more than just another SPAC—it’s a potential political and financial power play in the blockchain world.
💰 Strategic Fundraising & Investment Approach
Renatus Tactical is set to sell 17.5 million shares at $10 each, aiming to raise $178.9 million in an initial public offering (IPO). Additionally, it will issue 3.94 million private warrants at $1 each, bolstering its financial arsenal for high-stakes acquisitions.
This SPAC isn't just looking for any crypto or tech business—it’s targeting industries with strong government oversight, a move that could see it leverage influence from Trump-era regulators at the SEC, DOJ, and FTC.
⚖️ Regulatory & Political Implications: A Double-Edged Sword?
While Renatus Tactical’s leadership is well-connected, its close ties to Trump Media could create a divisive investment landscape. On one hand, the SPAC benefits from a potential regulatory edge, given the past influence of Trump-appointed officials in key financial institutions. On the other, it risks alienating investors or businesses unwilling to associate with Trump-branded ventures.
The firm’s SEC registration filing explicitly notes that digital assets are becoming central to national financial strategy, reinforcing why crypto and blockchain investments are its primary focus. However, it also acknowledges that some businesses may be hesitant to engage due to its political affiliations.
🚀 Trump’s Expanding Crypto Empire & Market Disruption
Renatus Tactical's launch isn't an isolated event—it’s part of a broader financial strategy linked to Trump’s growing footprint in crypto.
On March 13, Trump’s World Liberty Financial project announced it had raised $250 million in its second token sale, bringing total sales to a staggering $550 million since launching in October. Reports suggest the Trump family could receive up to 75% of net revenue from this venture, signaling a serious commitment to the digital asset space.
🔮 What’s Next? A Pivotal Moment for Crypto & Political Finance
Renatus Tactical now faces two critical challenges:
1️⃣ Gaining Investor Confidence – Convincing both institutional and retail investors that its Trump-affiliated crypto and tech strategy is a winning bet.
2️⃣ Navigating Political & Regulatory Uncertainty – While it may have allies in financial oversight bodies, shifting political landscapes could pose compliance risks and roadblocks.
With crypto regulation tightening across the U.S. and political figures increasingly shaping blockchain policy, Renatus Tactical’s journey could redefine how politics, technology, and finance intersect in the digital age.
🎯 Final Thought: A High-Stakes Game with Billion-Dollar Potential
Renatus Tactical isn’t just another SPAC—it’s a calculated move in the high-stakes world of crypto, politics, and Wall Street power plays. Whether it emerges as a dominant force or faces regulatory resistance, one thing is clear: Trump-affiliated ventures are no longer just political—they're shaping the future of digital finance.
#CryptoNews #TrumpMedia #SPAC #Blockchain #Bitcoin
🚀 **Breaking News: Trump Media Execs Launch $179M SPAC for Crypto Acquisitions!** 🚀
Three top executives from **Trump Media & Technology Group (TMTG)** have filed with the SEC to raise **$179 million** for a new crypto-focused SPAC named **Renatus Tactical Acquisition Corp I**. This blank-check company aims to target high-growth U.S. businesses in **blockchain, cryptocurrency, dual-use technologies, and data security**.
💡 **Key Highlights:**
- **$178.9M Fundraising Goal:** Through a private placement and IPO, Renatus plans to offer 17.5M public shares at $10 each and issue 3.95M warrants at $1 each.
- **Focus Areas:** Crypto, data security, and dual-use tech are the primary targets, but the SPAC is open to exploring other high-potential sectors.
- **TMTG Connections:** Renatus has strong ties to TMTG, with **Devin Nunes (TMTG CEO)** serving as chairman and **Eric Swider (TMTG board member)** as CEO.
🔗 **Trump’s Pro-Crypto Push:**
This move aligns with the Trump administration’s efforts to position the U.S. as the global leader in crypto. Initiatives include creating a federal crypto regulatory framework, appointing pro-crypto advocates to key roles, and establishing a strategic Bitcoin reserve.
⚠️ **Disclaimer:** This is not financial advice. Always do your own research before making any investment decisions.
#SPAC #Trump #PoWMiningNotSecurities #TrumpAtDAS #SpaceCryptoCurrency
What are your thoughts on this development? Let’s discuss! 👇
$TRUMP
$XRP
$BTC
Three top executives from **Trump Media & Technology Group (TMTG)** have filed with the SEC to raise **$179 million** for a new crypto-focused SPAC named **Renatus Tactical Acquisition Corp I**. This blank-check company aims to target high-growth U.S. businesses in **blockchain, cryptocurrency, dual-use technologies, and data security**.
💡 **Key Highlights:**
- **$178.9M Fundraising Goal:** Through a private placement and IPO, Renatus plans to offer 17.5M public shares at $10 each and issue 3.95M warrants at $1 each.
- **Focus Areas:** Crypto, data security, and dual-use tech are the primary targets, but the SPAC is open to exploring other high-potential sectors.
- **TMTG Connections:** Renatus has strong ties to TMTG, with **Devin Nunes (TMTG CEO)** serving as chairman and **Eric Swider (TMTG board member)** as CEO.
🔗 **Trump’s Pro-Crypto Push:**
This move aligns with the Trump administration’s efforts to position the U.S. as the global leader in crypto. Initiatives include creating a federal crypto regulatory framework, appointing pro-crypto advocates to key roles, and establishing a strategic Bitcoin reserve.
⚠️ **Disclaimer:** This is not financial advice. Always do your own research before making any investment decisions.
#SPAC #Trump #PoWMiningNotSecurities #TrumpAtDAS #SpaceCryptoCurrency
What are your thoughts on this development? Let’s discuss! 👇
$TRUMP
$XRP
$BTC
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