The surge of crypto SPACs is drawing comparisons to the ICO era
Quick Take
- SPACs are getting popular in the crypto industry, with Bakkt, Circle and Bullish leading the way.
- To some industry insiders, the trend looks similar to the beginning of the ICO era.
SPACs are hot in crypto right now among crypto startups, and that has some market participants concerned about frothiness.
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.
You can unlock at any time.*
No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
*a 2% locking fee will be added at the time of locking.
