SPAC raises $230 million to complete IPO, targeting blockchain infrastructure mergers and acquisitions

2025-12-20 10:18:11

Abstract generation in progress

【Crypto Push】Just completed a major move—Launchpad Cadenza, a special purpose acquisition company, announced that its Class A common stock and warrants have successfully listed on NASDAQ, with a total IPO financing of $230 million. The funds have already been deposited into a trust account and are awaiting deployment, with major investment bank Cantor Fitzgerald serving as the exclusive bookrunner.

What’s even more interesting is the company’s upcoming plans. They explicitly stated that their future focus will be on mergers and acquisitions of companies involved in blockchain, fintech, and digital asset ecosystem infrastructure. Whether through mergers, share exchanges, asset acquisitions, or other forms of business integration, all options are on the table.

This move reflects traditional financial institutions’ continued optimism about the Web3 infrastructure layer. As blockchain technology applications expand, high-quality infrastructure and tool projects have indeed attracted significant M&A interest.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
5
Repost
Share

Comment

0/400

ChainPoet

· 12-20 10:40

2.3 billion invested in infrastructure? This wave of traditional finance is really going all in. Carefully observing the rhythm, Cantor Fitzgerald leading the way is quite interesting... just not sure who will ultimately get their hands on this money. There are indeed few projects in infrastructure, but with the SPAC approach... it's really hard to say how many reliable ones will emerge.

View OriginalReply0

SybilSlayer

· 12-20 10:36

230 million invested in blockchain infrastructure. Is traditional finance really here to bottom out this time? Centralized finance players finally can't sit still anymore, probably just afraid of missing the next thousandfold project haha. The SPAC tactic is back again. Do you believe that this money will ultimately be wasted on a bunch of vapor projects? Infrastructure layer is indeed the future, but the question is whose infrastructure is worth this price? After financing, they start mergers and acquisitions. Is it real or just another scheme to cut leeks... Wait, Cantor Fitzgerald is doing bookbuilding? This guy has a deep background, interesting. It's called infrastructure in a nice way, but it's really a gamble on which chain can survive in the future. Looking at it from another angle, it seems like institutions are laying out plans for retail investors to take over 😂. When will this money flow into truly useful projects, rather than teams that only know how to raise funds? 230 million sounds like a lot, but there are very few that can actually be used on the chain.

View OriginalReply0

ser_we_are_early

· 12-20 10:26

230 million invested in infrastructure hunting, traditional finance really doesn't want to miss this train --- Cantor Fitzgerald steps in, indicating this is not a joke, let's see which projects get attention --- Web3 infrastructure indeed lacks funding, but be cautious of SPAC manipulations in the market --- Another 230 million, is this infrastructure financing wave really coming? --- Trust accounts on standby... this pattern is full of tricks, reminiscent of the wave in 2021

View OriginalReply0

DegenTherapist

· 12-20 10:22

230 million USD targeting infrastructure, traditional finance finally starts to get serious The big players in traditional finance are eyeing on-chain infrastructure. This wave is indeed interesting, but how many new tricks can they pull still depends on what follows It's another SPAC financing and large M&A funds, it feels like every day is a scene of "Wall Street embracing Web3" Infrastructure is indeed a low ground, but whether 230 million USD is enough to make a difference remains to be seen Sounds good, but how many truly reliable infrastructure teams have been acquired? Most are probably still on the sidelines This time, we can see the level of traditional finance's attention to on-chain infrastructure, although their approach is still the old way

View OriginalReply0

ZKSherlock

· 12-20 10:22

Actually... another SPAC trying to play venture capitalist with blockchain "infrastructure"? ngl, most of these will just become bag holders. where's the cryptographic rigor in their due diligence anyway

Reply0

Trending TopicsView More
#2025GateYearEndSummary
33.44K Popularity
#JoinGrowthPointsDrawToWinGoldenBar
34.61K Popularity
#ETHTrendWatch
152K Popularity
#FedRateCutPrediction
82.18K Popularity
#ShowMyAlphaPoints
177.38K Popularity

Hot Gate FunView More

1
tttTEK
MC:$3.52KHolders:1
0.00%
2
LUCKLUCKY
MC:$3.57KHolders:2
0.04%
3
100000BtcBd
MC:$3.53KHolders:1
0.00%
4
WTHwealth9231
MC:$3.58KHolders:2
0.04%
5
大门大门交易所
MC:$3.56KHolders:2
0.00%

Sitemap