Blockfusion to go public via a SPAC merger with Blue Acquisition in a $450m deal.

Blockfusion, a data center infrastructure company, agreed to go public via a SPAC merger with Blue Acquisition, a publicly traded special purpose acquisition company, in a $450m deal. "Blockfusion was built to deliver dependable, cost-efficient compute at scale. We converted a retired coal facility into a clean energy-powered data center and showed we can execute complex infrastructure projects with accuracy and discipline. That capability lines up with what the AI market needs as demand for power and high-density capacity accelerates," Alex Martini-Lo Manto, Blockfusion Co-Founder and CEO.