A Cast of Heavyweight Investors Join the Crypto Parade
The deal has attracted top-tier institutional support from both bitcoin-native and traditional hedge funds, including:
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Magnetar Capital
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Woodline Partners LP
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Anson Funds
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RK Capital
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Off the Chain Capital
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Parafi
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Blockchain.com
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Arrington Capital
BSQ Capital Partners
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FalconX
These firms are placing a collective bet that ProCap can bridge the chasm between decentralized digital assets and institutional-grade finance.
Legal Architecture Behind the Billion-Dollar Blueprint
Reed Smith LLP’s deal team for ProCap included partners Constantine Karides, Katherin Geddes, and Lynwood Reinhardt.
Ellenoff Grossman & Schole LLP, representing Columbus Circle Capital, brought in Douglas Ellenoff, Stuart Neuhauser, Meredith Laitner, and Trevor Okamba.
Ogier’s offshore legal guidance came from Bradley Kruger and Natalie Bell, while Morgan Lewis’ equity and debt counsel included Rahul Patel and Kevin Shmelzer.