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SoftBank: Invests $200 million in Mercado Bitcoin
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SoftBank: Aims to raise $525m with Spac IPO

Laura M
By Laura M
  • SoftBank plans to raise up to $525 million with the initial public offering (IPO) of its own Spac
  • The firm says it is planning to use the funds for an investment in a technology company
  • The Spac overseen by SoftBank Investment Advisers, which also runs the Vision Fund
  • Spacs have seen a surge of interest in 2020 and involvement from high-profile investors, including hedge fund manager Bill Ackman
  • Softbank one of the biggest investors in private technology and tech-adjacent companies, with mixed success
  • The deals raised more than $60 billion this year, according to Renaissance Capital

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