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  3. CSLM Digital Asset Corp Raises $200M in Initial Public Offering

CSLM Digital Asset Corp Raises $200M in Initial Public Offering

Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 27 2025
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  • IPO Overview: CSLM Digital Asset Acquisition Corp III raised $200 million in its IPO, led by Charles T. Cassel III and Vik Mittal, targeting blockchain sectors under the ticker KOYNU on Nasdaq.

  • Market Impact: The IPO reflects increased institutional interest in blockchain, aiming to fund acquisitions within digital asset firms and potentially consolidating fragmented sectors.

  • Future Prospects: While immediate market reactions are subdued, strategic acquisitions could influence price fluctuations in governance tokens and DeFi assets, with a focus on enhancing financial tech growth.

  • Disclaimer: The information provided is for informational purposes only and should not be considered as financial advice; cryptocurrency investments carry inherent risks.

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About the author

Ohris M. Greyoon
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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