Ryan Gentry $200M SPAC Targets Digital Assets With Nasdaq Listing
Former Lightning Labs executive Ryan Gentry is spearheading a $200 million SPAC initiative aimed at digital assets, with plans for a Nasdaq listing. This move signals growing institutional interest in the cryptocurrency space, though specific coin targets remain undisclosed.
The involvement of high-profile backers suggests confidence in Gentry's vision to bridge traditional finance with blockchain innovation. Market observers note this could accelerate mainstream adoption of digital assets, particularly if the SPAC focuses on infrastructure plays rather than direct crypto exposure.