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Mercer Park and Cube reach merger agreement and plan to invest $500 million to purchase SOL

Summary: Special purpose acquisition company Mercer Park Opportunities, listed on the Toronto Stock Exchange, has announced a $3 billion business merger agreement with digital asset exchange Cube Group. After the merger is completed, the new company will use stock as consideration and invest $500 million to purchase SOL tokens to establish a Solana treasury, optimizing fund ...

Special purpose acquisition company Mercer Park Opportunities, listed on the Toronto Stock Exchange, has announced a $3 billion business merger agreement with digital asset exchange Cube Group. After the merger is completed, the new company will use stock as consideration and invest $500 million to purchase SOL tokens to establish a Solana treasury, optimizing fund management through staking rewards. (Newswire)

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