Crypto Exchange Apifiny Going Public Through $530M SPAC Merger

Crypto Exchange Apifiny Going Public Through 0M SPAC Merger
Apifiny Group, a digital asset trading network for institutional investors, announced plans to go public through a reverse merger with Abri SPAC I, Inc, a special purpose acquisition company. The transaction is expected to close in the third quarter, and Apifiny will then list on the Nasdaq.The pro forma enterprise value of the combined company is approximately $530 million, which includes up to $57 million in cash held in Abri’s trust account.“Today’s merger is a significant milestone toward creating value for our shareholders and one that will help accelerate our growth, as well as growth of digital asset markets,” said…