FutureCrest SPAC Targets Digital Assets with $250M Nasdaq IPO

FutureCrest Acquisition has filed for a $250 million Nasdaq IPO, aiming to invest in AI, fintech, and digital assets. Led by Tom Lee of Fundstrat, the SPAC signals increased institutional interest in the sector. This move could lead to significant capital inflows into cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The company’s focus on technology-driven sectors raises questions about potential future mergers and acquisitions following the IPO.