SPAC
A SPAC is a company created by investors to raise money from the public and then use that money to buy another company, allowing that company to go public without the usual complicated process of an initial public offering (IPO).
More terms under S
- SHA-256SHA-256 is a secure method that creates a unique 256-bit code from any input text. It's used in Bitcoin to help verify transactions and maintain the network's…
- SHO (Strong Holder Offering)A Strong Holder Offering (SHO) is a way for projects to raise money by selecting investors based on their past activities on the blockchain and other specific…
- SIM-SwapA SIM-swap is a scam where someone tricks your phone carrier into transferring your phone number to their SIM card, allowing them to access your accounts that…
- STOA Security Token Offering (STO) is a way for companies to raise money by selling digital tokens that represent ownership in real assets, like stocks or bonds,…
- Salt (cryptography)A salt in cryptography is a random piece of data added to a password before it is turned into a hash. This makes each password hash unique, making it harder…
- SatoshiA Satoshi is the smallest part of a bitcoin, with 1 bitcoin being made up of 100 million Satoshis.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.