Prime Blockchain also known by PrimeBlock is apparently preparing to go public in the United States via a special purpose acquisition company (SPAC).

Bloomberg publishes a Thursday report. (BTCPrimeBlock Mining is currently in discussions to merge with 10X Capital Venture Acquisition Corp II. Although the details of the deal have not been finalized yet, it is possible that the combined firms could be valued at approximately $1.5 billion after a $150 million round of fundraising from venture capital.