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Blockchain Payments Firm Roxe to List via $3.6B SPAC Deal
The company is planning to trade on Nasdaq next year.
Updated May 11, 2023, 6:52 p.m. Published Jun 22, 2022, 9:13 a.m.
Blockchain payments firm Roxe will list on Nasdaq through a combination with special purpose acquisition company (SPAC) Goldenstone Acquisition Ltd. (GDST), according to a press release.
- Roxe is the latest in a string on crypto-related firms to go public via a merger with a SPAC, which are shell companies created for the purpose of listing firms.
- The deal with Delaware-based Goldenstone Acquisition is worth $3.6 billion. The combined company will trade under the ticker "ROXE."
- "This is an important milestone for Roxe. Our merger with Goldenstone will augment our ability to accelerate our growth and empower users to streamline payments, financial transactions and value exchange across the globe," said Josh Li, Roxe's chief business officer.
- New Jersey-based Roxe plans to create a global payments network between individuals, banks and businesses using its native blockchain, the Roxe Chain.
- In September, it launched a central bank digital currency initiative that allows developing nations free use of its digital currency issuance tool.
- The SPAC transaction remains subject to approval from Goldenstone shareholders and is expected to close in the first quarter of next year.
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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