CSLM Digital Asset Acquisition Corp III has successfully raised $200 million through an initial public offering (IPO). The company sold 20 million units at a price of $10 each, launching its trading on the Nasdaq Stock Market on August 27, 2025, under the ticker symbol ‘KOYNU’. While focusing on acquiring digital asset and blockchain infrastructure companies in developing economies, this SPAC differs from traditional crypto investments. The company’s leadership team, composed of Vik Mittal and Charles T. Cassel III, brings extensive experience from Consilium Investment Management and Meteora Capital, allowing them to navigate the complexities of blockchain infrastructure.