Crypto 1 Acquisition priced its IPO of 20 million units at $10 each. The units begin trading today on the Nasdaq under DAOOU.
The new SPAC intends to focus on the acquisition of a significant digital assets and cryptocurrency exchange, payment system and/or related financial services company, excluding China and Hong Kong.
Founder, chairman and director Dr. Najamul Kidwai is a venture partner and investment committee member of Frontier Ventures, a VC fund focused on early-stage technology and blockchain.
B. Riley is sole manager of the offering. Read more.
