Lightning Labs CEO applies to establish a special purpose acquisition company
Source: BlockBeats
Time: 2025-08-29 13:15:09
BlockBeats News, on August 29, Ryan Gentry, CEO of Lightning Network developer Lightning Labs, submitted an S-1 document to form a special purpose acquisition company called Bitcoin Infrastructure Acquisition Corp, with a valuation of $200 million, with a target of acquisitions of other digital financial infrastructure companies. The board members are from DeFi Dev Corp and Nakamoto (Kindly).