币界网报道：Anthony Pompliano is taking his bitcoin-native financial platform ProCap BTC public via a $1 billion merger with SPAC Columbus Circle Capital Corp. I (CCCM). The deal, announced Monday, will create ProCap Financial, Inc., positioning it as one of the largest bitcoin treasuries on public markets. ProCap raised $550 million in preferred equity and secured $225 million in convertible notes, marking the largest initial fundraise for a public bitcoin treasury company. The structure allows future shareholders immediate BTC exposure by acquiring bitcoin pre-merger. Pompliano, a prominent bitcoin advocate, stated the platform addresses growing demand for bitcoin-native financial services among institutional investors. The merged entity could be valued up to $1 billion, with BTC holdings custodied until transaction completion. The deal, pending SEC approval, is expected to close by end-2025. ProCap plans to actively deploy its bitcoin balance sheet in yield-generating strategies at the intersection of digital assets and traditional finance.