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With deals valuing the companies from $160 million to more than $10 billion, over $35 billion worth of announced crypto SPAC transactions have failed to be completed President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose SPAC Feed: $35 Billion Crypto SPAC Deals Remain Incomplete – Watcher Guru - $35 Billion Crypto SPAC Deals Remain During 2025, there was a notable increase in the activities of, and market interest in, special purpose acquisition company (SPAC) transactions with digital asset companies. Since the beginning of the year, U.S. stocks have been progressive rise. The market did witness a couple Those estimates were predicated on the amount of USDCa stablecoin pegged to the U.S .dollarin circulation rising from $35 billion at the end of 2025 to $83

$35 Billion Crypto SPAC Deals Remain Incomplete: What Happened?

The crypto SPAC frenzy, once a hot trend, has cooled considerably, leaving a significant number of deals unfinished. Over $35 billion worth of announced crypto SPAC transactions have failed to be completed, impacting the digital asset market significantly. These deals valued the companies anywhere from $160 million to over $10 billion.

The Rise and Fall of Crypto SPACs

During 2025, there was a notable surge in interest and activity surrounding special purpose acquisition company (SPAC) transactions involving digital asset companies. The promise of quick access to public markets fueled this boom. However, various factors contributed to the subsequent slowdown and deal failures.

Why Are These Crypto SPAC Deals Falling Apart?

Several reasons contribute to the incomplete crypto SPAC deals. Increased regulatory scrutiny, market volatility in the crypto space, and the generally risk-averse nature of the current market have all played a role. Furthermore, the initial excitement surrounding some crypto projects hasn\'t translated into sustainable business models, making investors wary.

Trump Associates and Crypto Entrepreneurs Re-enter the SPAC Market

Despite the challenges, some, including President Trump’s associates and crypto entrepreneurs are rushing back to the market for special purpose SPACs. This indicates that certain players still see potential value, albeit perhaps with a more cautious approach.

The Market Context: U.S. Stocks and USDC Circulation

The incomplete crypto SPACs coincide with a progressive rise in U.S. stocks this year. This may have diverted investor attention from riskier assets like those associated with SPACs and emerging crypto ventures. Those estimates were predicated on the amount of USDC, a stablecoin pegged to the U.S .dollarin circulation rising from $35 billion at the end of 2025 to $83 billion. This discrepancy between projected growth and actual market conditions highlights the inherent risks associated with predictions in the crypto space.

Watcher Guru: $35 Billion Crypto SPAC Deals Remain

As reported by Watcher Guru: $35 Billion Crypto SPAC Deals Remain, the situation demands careful observation and analysis. The future of these stalled transactions remains uncertain, and their impact on the broader crypto market is yet to be fully determined.

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