Parataxis Holdings to Go Public via SPAC Merger

Parataxis Holdings LLC, a Bitcoin-focused investment startup, has announced its plans to go public through a merger with special purpose acquisition company SilverBox Corp IV. The two companies revealed their intentions on Monday and signed a non-binding letter of intent, marking another cryptocurrency firm’s move towards an IPO. The transaction is contingent upon customary procedures, including due diligence, final agreement signing, and regulatory approvals.