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Kevin Durant’s new SPAC firm to focus on crypto and blockchain -Breaking

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Kevin Durant is a former NBA champion and has created a company for special purposes (SPAC). This company will be looking at working with tech-driven companies, such as cryptocurrency businesses. The firm was established in conjunction with Durant’s business associate Rich Kleiman.

Durant, who is an Early Coinbase (NASDAQ) Backer, isn’t done exploring the sector yet. The new SPAC firm will invest in cryptocurrency and other blockchain-related companies.