Apifiny Group Inc, a digital asset trading platform, has recently announced its listing on the Nasdaq through a merger with SPAC company Abri SPAC I. According to the press release, the deal is expected to close in Q3 2022.
The estimated value of the combined company will be $530 million. Apifiny shareholders will invest 100% of their capital in it.
Haohan Xu, CEO of Apinify, has said:
“This merger will help accelerate our growth as well as the development of digital asset markets.”
Apifiny, which is headquartered in New York, is focused on institutional clients.
Cloud mining service provider BitFuFu announced in January it planned to go public through a merger with a SPAC company.