Crypto platform Parataxis eyes public listing via SPAC merger

New York City-based Bitcoin investment company Parataxis Holdings is exploring a public listing via merging with SilverBox Corp IV, a special purpose acquisition company.

Parataxis Holdings, a Bitcoin investment platform, is looking to go public through a merger with a $200 million special acquisition company.

The New York Stock Exchange-listed SPAC SilverBox Corp IV entered into a non-binding letter of intent with Parataxis Holdings LLC on Monday, an affiliate of Parataxis Capital Management, a digital asset investment firm founded in 2019. 

SilverBox Corp IV is an affiliate of SilverBox Capital LLC, a company founded in 2020 to provide alternative investment management services and sponsor SPACs. 

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