PROCAP ACQUISITION CORP.

ProCap Financial has completed the acquisition of CFO Silvia, an AI-based financial services provider. The combined company manages more than $30 billion on the Silvia platform and uses AI agents for portfolio analysis across asset classes such as equities, bonds, cryptocurrencies and real estate. Since May 2025 Silvia has attracted wealthy users (average net worth above $2.5 million) and recorded heavy use of its AI features. ProCap disclosed no terms of the deal; the stock is under pressure, trading near its 52-week low with high volatility and recent losses. » More on de.investing.com

ProCap Financial repurchased 196,043 common shares in the market and has thereby retired more than 3% of outstanding shares since the buyback program began. Management says the discount to net asset value has nearly halved over this period and intends to continue buying shares at a significant discount. The stock trades at $2.95, about 71% below last year’s price; market capitalization is $251 million. ProCap Financial was founded in 2025 and has raised over $750 million from investors. » More on de.investing.com