Anthony Pompliano’s Latest Venture Targets $750M to Fuel Bitcoin Strategy

Anthony Pompliano, a prominent Bitcoin advocate and co-founder of Morgan Creek Digital, is reportedly preparing to launch a new BTC-focused investment firm dubbed ProCapBTC.

According to sources cited by The Financial Times, the vehicle aims to raise $750 million through a merger with Columbus Circle Capital 1, a SPAC backed by Cohen & Company.

The deal is expected to include $500 million in equity and $250 million in convertible debt, though final terms remain under wraps. An official announcement could arrive within days, according to insiders.

Columbus Circle Capital 1 went public in May with a $250 million IPO and was created specifically to target acquisitions in digital assets and emerging payment systems.

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Its sponsor, Cohen & Company, has recently expanded into crypto advisory, auditing, and token-based financial services.

The launch of ProCapBTC follows Pompliano’s earlier success with ProCap Acquisition, a fintech-oriented SPAC that raised $250 million in April through a Nasdaq listing. While Pompliano hasn’t publicly confirmed the new initiative, it aligns with his ongoing mission to connect institutional capital with Bitcoin.

If completed, the deal would join a growing list of large-scale crypto investment plays, signaling renewed institutional interest in BTC exposure as the asset class continues to mature.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.