Reed Smith Advises Anthony Pompliano and ProCap Financial in Historic $750 million Bitcoin Treasury Raise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2025
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Source: Newsfilter
Legal Counsel Announcement: Reed Smith LLP is serving as legal counsel for entrepreneur Anthony Pompliano and ProCap BTC, LLC in a $750 million capital raise to form ProCap Financial, Inc., the largest initial fundraise for a bitcoin treasury company.
Institutional Adoption of Bitcoin: The capital raise includes investments from major institutional players, highlighting a shift in the perception of bitcoin from speculative to a core strategic asset for companies, with ProCap Financial aiming to integrate bitcoin into traditional financial services.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
