🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 1d 1h 8m 48s
PrimeBlock is planning to go public
After Bloomberg reported last year that the deal would be valued at about $1.5 billion and that SPAC planned to raise at least $150 million for the transaction through private investment in public equity (PIPE), PrimeBlock announced that it had received $300 million in committed equity financing from Cantor Fitzgerald affiliate CF Principal Investments LLC and that the combined company will have an estimated enterprise value of $1.25 billion after the transaction closes. Gaurav Budhrani, a former Goldman Sachs investment banker, will lead the combined company.According to the report, PrimeBlock generated $24.4 million in revenue in the fourth quarter of 2021, has 110 megawatts of installed data center capacity across its 12 North American facilities, and sources about 60% of its electricity from carbon-free sources, with plans to offset the rest. The merger is expected to be closed in the second half of 2022 and the merged company will trade on the Nasdaq.
What's the deal with all these SPACs?
Last week, Coincheck, one of Japan's largest crypto exchanges, announced plans to go public via a Nasdaq-listed SPV, and numerous other crypto companies, including Bullish, Circle, and Bitdeer, have expressed interest in the SPAC model, but why is it so popular? Well, SPAC IPOs can be much faster than traditional IPOs, as a SPAC merger typically takes 3-6 months, while an IPO typically takes 12-18 months.
SPACs have recently attracted the attention of regulators because the fast-track process allows some companies to go public with grandiose projections, often without even a product. As a result, the SEC has proposed new guidelines for SPACs that would bring disclosure more in line with the traditional IPO process. It will be exciting to see how this affects the listings of many of these crypto companies.
Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
