Are financial crossbreeds monstrosities or labradoodles?
Crypto-SPAC fusions shed light on the question
THE ANCIENTS knew the source of real terror. Lions, snakes and goats (apparently) are scary creatures to stumble across, but it is the combination of different bits of them that is the stuff of nightmares. The Chimera, with the head of a lion, the body of a goat and the tail of a snake, whose “breath came out in terrible blasts of burning flame”, was a truly fearsome beast. Yet crossbreeds can also be cute and cuddly. Just think of labradoodles.
This article appeared in the Finance & economics section of the print edition under the headline “Behold the CrypSPACtaur”
Finance & economics February 19th 2022
From the February 19th 2022 edition
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