Blockfusion to list in New York via $450 million SPAC deal

fidelity
2025.11.19 15:08
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Blockfusion, a data center operator, will list in the U.S. via a $450 million SPAC merger with Blue Acquisition Corp. The deal highlights growing investor interest in data center infrastructure, driven by AI and digital services demand. The combined company, Blockfusion Data Centers Inc, will trade on Nasdaq post-merger, expected in H1 2026. Blockfusion aims for $128 million in revenue and $75 million EBITDA by 2028.