MIAMI , June 23, 2025 /PRNewswire/ -- Global law firm Reed Smith LLP is pleased to announce its role as legal counsel to entrepreneur and investor Anthony Pompliano and his company ProCap BTC, LLC in connection with a transformative $750 million capital raise and business combination that will form ProCap Financial, Inc. – the largest initial fundraise in history for a bitcoin treasury company. ProCap Financial will be created through a business combination between ProCap BTC and Columbus Circle Capital I (NASDAQ: CCCM), a Cayman Islands-based SPAC sponsored by leading investment bank Cohen & Company, Ltd.
New York, NY, June 23, 2025 (GLOBE NEWSWIRE) -- American investor and entrepreneur Anthony Pompliano today announced that ProCap BTC, LLC, a bitcoin-native financial services firm, has entered into a definitive agreement for a business combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM), a SPAC sponsored by a controlled subsidiary of Cohen & Company, Inc.