A group of seasoned crypto executives are launching a SPAC worth $200 million to take blockchain businesses public, aiming to leverage the growing Wall Street interest in digital assets. The new entity, Bitcoin Infrastructure Acquisition Corp., will trade on Nasdaq under the ticker BIXIU and focus on companies within key areas such as wallets, custody, exchanges, lending protocols, tokenized financial instruments, and real-world applications using blockchain technology for payments, DeFi, and cross-border finance. The SPAC’s leadership team is comprised of individuals with extensive experience in Bitcoin infrastructure, including Ryan Gentry, former head of business development at Lightning Labs; James “Jim” DeAngelis, CFO with expertise from Kroll, a firm handling crypto bankruptcy cases; Vikas Mittal, Director and Chief Investment Officer of Meteora Capital, linked to BTC Depot’s public listing; Parker White, Board Chair with engineering experience at Kraken and now Chief Operating and Investment Officer at DeFi Development Corporation; Matt Lohstroh, Co-founder of Giga Energy; Tyler Evans, co-founder of Bitcoin Magazine’s parent company, BTC Inc. and UTXO Management. This diverse team brings together expertise in Bitcoin Infrastructure, DeFi development, mining, exchanges, and venture investment, setting them up to identify and merge with suitable companies.