Bitcoin investment firm Parataxis Holdings secures 25 billion KRW investment deal and goes public

Odaily Planet Daily reports that Bitcoin investment firm Parataxis Holdings LLC has announced the signing of a final investment agreement worth 25 billion KRW with Bridge Biotherapeutics, Inc. This transaction grants Parataxis Holdings a controlling stake in Bridge Biotherapeutics. Upon completion, Bridge Biotherapeutics will be renamed Parataxis Korea and will continue to be listed on Korea’s KOSDAQ, the country’s secondary board for startups. The company is expected to disclose further details about the deal after a shareholders’ meeting scheduled for August. (PRNewswire)
Previously, it was reported that Parataxis Holdings LLC planned to go public through a merger with special purpose acquisition company SilverBox Corp IV, and the two parties had signed a non-binding letter of intent.