Tag Archives: SPAC

The crash in cryptocurrencies shows how the fundamental principle of DeFi – the pursuit of higher yields in the era of cheap money to disrupt and replace traditional banks – has been upended by rising interest rates. Source link

The former head of Hong Kong’s de facto central bank has formed a special purpose acquisition company (SPAC) with two family members of the city’s former chief executive, as they look to bank on their credentials to raise funds for their blank cheque company.Named HK Acquisition Corp, the company filed …

A lacklustre market debut for the first two blank-cheque companies to list in Singapore is raising some questions whether the excitement seen for such vehicles in the US early last year will prevail in Asia.Vertex Technology Acquisition, sponsored by a unit of state investor Temasek, jumped in early trade on …