[SPAC fundraising hits highest level since 2021, cryptocurrency among key transaction sectors] Odaily Planet Daily News: The Kobeissi Letter posted on the X platform stating that since November 2024, SPAC (Special Purpose Acquisition Companies) founders have raised over $24 billion, surpassing the total of the previous two years combined. 2025 is expected to be the strongest year for SPAC performance since 2021. Recently, most SPAC transactions have been concentrated in the nuclear energy, quantum computing, and cryptocurrency industries. However, among the 589 companies that went public through SPACs since January 2019, only 11% currently have stock prices above their original offering price. During this period, 31% of companies have gone bankrupt or been acquired, and 48% have seen their market value drop by 50% to 99%.