Crypto and Fintech Investor Ribbit Capital Files to Raise $350M for ‘Blank Check’ IPO

Crypto and Fintech Investor Ribbit Capital Files to Raise $350M for ‘Blank Check’ IPO

(MriyaWildlife/iStock/Getty Images Plus)

Ribbit Capital, a major investor in fintech startups including cryptocurrency and blockchain ventures, is seeking to raise $350 million for a “blank check” company that would make acquisitions.

While it’s unclear how much Ribbit Leap will focus on crypto or blockchain acquisitions, the filing comes at a time of renewed exuberance in the sector. Aside from the in coin prices, fledgling exchange INX Ltd. has an , and heavyweights and are reportedly eyeing public listings.

Bitcoin News Roundup for Aug. 25, 2020

Previous

Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High

Next

More