The founder of Asymmetric will lead the new Solana treasury company Accelerate, aiming to raise up to $1.51 billion.

robot
Abstract generation in progress

On July 24, according to Unchained, Joe McCann, founder and CEO of the encryption hedge fund Asymmetric Financial, will serve as the CEO of a new Solana treasury company named Accelerate, which plans to raise up to $1.51 billion, aiming to raise $800 million through PIPE, $358.8 million through SPAC, $250 million through Convertible Bonds, and $103.2 million through the sale of SPAC warrants. If this financing is successful, Accelerate will immediately begin establishing a new Solana treasury, potentially becoming the largest SOL treasury management company in the market.

SOL-4.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
LakshanTDvip
· 07-24 02:14
Hope for the Best
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)