Cryptocurrency investment startup Parataxis Holdings plans to go public through SPAC trading

According to Business Wire, Parataxis Holdings LLC, an investment startup focused on Bitcoin, plans to go public by merging with special purpose acquisition company SilverBox Corp IV. The two sides announced on Monday the signing of a non binding letter of intent, marking another cryptocurrency related company's intention to enter the public market. The transaction still requires routine procedures such as due diligence, signing of the final agreement, and obtaining regulatory approval.