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Chamath's New SPAC "American Exceptionalism" Eyes DeFi Investment
Gate News bot message, according to recent filing documents, venture capitalist Chamath Palihapitiya’s latest Special Purpose Acquisition Company (SPAC) named “American Exceptionalism” has identified decentralized finance (DeFi) as one of its four target investment sectors.
The SPAC plans to identify and merge with a business in one of four key areas, with DeFi being positioned as a strategic focus alongside other sectors.