(Reuters) -Data center operator Blockfusion said on Wednesday it would list in the United States through a merger with blank-check firm Blue Acquisition Corp in a deal valued at $450 million, as investor appetite for the sector continues to surge.

Special purpose acquisition companies have re-emerged this year after a prolonged lull, with prominent investors and financial firms once again embracing the vehicles as an alternative path to access public markets.

A SPAC is a shell company that raises capital through an initial public offering and later merges with a private business, offering it a shortcut to the public markets without a conventional IPO.

New York-headquartered Blockfusion, designs, builds and operates infrastructure for artificial intelligence, enterprise and colocation cu

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