Apex Treasury Corp. has officially launched its initial public offering (IPO), raising $300 million to target opportunities in the blockchain and cryptocurrency space. As a newly formed blank check company, Apex Treasury was incorporated in the Cayman Islands and aims to identify and merge with promising businesses engaged in blockchain technology, digital assets, crypto treasury strategies, artificial intelligence, B2B software, data services, renewable energy, and build-to-rent real estate assets.

The company upsized its IPO to 30 million units, each priced at $10, reflecting growing investor interest in the digital asset sector. These units began trading on the NASDAQ under the symbol APXTU on October 28, 2025. The offering was managed by Cohen & Company Capital Markets as the lead underwriter.

Apex Treasury’s public debut arrives at a time when investor appetite for blockchain and crypto-related ventures continues to strengthen, despite ongoing market volatility. As a special purpose acquisition company (SPAC), Apex Treasury does not currently generate revenue; its sole objective is to secure a merger or acquisition with a high-growth company in its target industries. With a market capitalization of nearly $383 million at launch, Apex Treasury is poised to play a pivotal role in the ongoing evolution of financial technology and digital assets.

Industry observers will be watching closely to see which innovative company Apex Treasury chooses for its first major transaction, as its moves are expected to influence sentiment and growth in the broader blockchain and crypto sectors.