10:33 AM EDT, 06/09/2025 (MT Newswires) -- SilverBox Corp IV ( SBXD ) , a special purpose acquisition company sponsored by an affiliate of SilverBox Capital, signed a nonbinding letter of intent with Parataxis Holdings to explore a merger.

The combination would create an institutional platform focused on investing in bitcoin and other digital assets, SilverBox Corp said Monday in a statement.

Parataxis, an affiliate of Parataxis Capital Management, is expected to contribute economic interests in a project under development in South Korea as part of the potential merger, and this initiative may be the first of several similar ventures, SilverBox Corp said.

"No assurances can be made that the parties will successfully negotiate and enter into a definitive agreement for the proposed business combination," SilverBox Corp said.

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