Arisz Acquisition Corp Completes Merger with Cryptocurrency Mining Service BitFuFu

According to PANews, Arisz Acquisition Corp. (NASDAQ: ARIZ) has announced the completion of its business merger with cryptocurrency mining service company BitFuFu. The transaction was approved by Arisz's shareholders at a special meeting held on February 28, 2024, and by BitFuFu's shareholders as well. The merged listed company is now BitFuFu Inc., and its Class A common stock and warrants are expected to begin trading on the NASDAQ stock market on March 1, 2024, under the ticker symbols 'FUFU' and 'FUFUW'. Previously in 2022, BitFuFu had planned to go public through a merger with Arisz Acquisition, with an estimated valuation of $1.5 billion.