Wen Acquisition, a SPAC focused on fintech and blockchain, has filed with the SEC to raise $261 million through an IPO by offering 26.1 million units at $10 each. Led by CEO Julian Sevillano, the company aims to invest in infrastructure firms that integrate blockchain with traditional financial systems and plans to list on Nasdaq under the symbol WENNU.

Trump Media and Technology Group has partnered with Yorkville Acquisition Corp to form a new crypto treasury firm that will stockpile Crypto.com's CRO token. The firm, named Trump Media Group CRO Strategy, will be majority-owned by Trump Media and is expected to trade under the ticker MCGA. This deal includes the transfer of 684 million CRO tokens and reflects a growing trend of companies integrating digital assets into their business models.