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SPAC funding hit a new high since 2021, with cryptocurrency being one of the main trading areas.

2025-10-299310 Views

On October 28th, The Kobeissi Letter posted on X platform that since 2024, SPAC (Special Purpose Acquisition Company) founders have raised over $24 billion, surpassing the total from the previous two years. 2025 is expected to be the strongest year for SPAC performance since 2021. Recently, most SPAC transactions have been concentrated in the nuclear energy, quantum computing, and cryptocurrency industries.

SPAC funding hit a new high since 2021, with cryptocurrency being one of the main trading areas.

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