🚨 Unchained obtained the pitch deck for the rumored Solana treasury company to be helmed by Joe McCann 👀
Accelerate intends to raise $1.5 billion and go public via a SPAC with the blank check vehicle Gores X Holding
Rumors about the treasury vehicle swirled over the last day as reports began emerging that Asymmetric’s liquid fund is down 80% so far this year — a time when the broader crypto market is up by almost $600 billion.
If Accelerate is successful, it will become the largest SOL treasury company in the market.
Its pitch to investors is that they can get in near a net asset value of 1.
One investor in the deal said another selling point was Accelerate’s deep bench beyond McCann.
This person also said the Accelerate team might want to look at whether the news about Asymmetric’s liquid fund should impact Joe’s role as CEO.
Find the full story by @Steven_Ehrlich here on @Unchained_pod
12.63K
57
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.