Mercer Park has reached a $300 million merger protocol with Cube and plans to spend $500 million to purchase SOL.

[Mercer Park and Cube Reach $300 Million Merger Protocol and Plan to Spend $500 Million to Acquire SOL] Canadian-listed special purpose acquisition company Mercer Park Opportunities announced that it has reached a $300 million business merger protocol with digital asset exchange Cube Group. After the merger transaction is completed, the new company will use stock as consideration and spend $500 million to acquire SOL Token to establish a Solana treasury, and optimize fund management through stake income.

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