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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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The encryption investment startup Parataxis will raise $640 million to support BTC purchases after merging with SilverBox Corp IV.
PANews August 7 news, according to The Block, cryptocurrency investment startup Parataxis Holdings will merge with SilverBox Corp IV SPAC, aiming to raise $640 million for a Bitcoin fund management company that will be listed on the New York Stock Exchange (NYSE). After the merger is completed, the new company plans to be listed on the New York Stock Exchange with the stock code PRTX. Parataxis Holdings stated: "This business merger will bring Parataxis Holdings up to approximately $240 million in funding, but must comply with the redemption provisions of SBXD (SilverBox Corp IV SPAC) shareholders. This includes $31 million in equity, which will be immediately used to purchase Bitcoin." Parataxis also stated that it "has signed a stock purchase agreement" allowing it to "issue and sell up to $400 million in equity," and added that the post-merger initiative "could bring up to $640 million in total proceeds to support the execution and acceleration of the BTC capital management strategy." According to previous news, cryptocurrency investment startup Parataxis Holdings plans to go public through a SPAC merger.