ChainCatcher news, according to The Block, digital asset financial institution Arca and crypto investment firm BlockTower Capital intend to merge. The two companies have signed a letter of intent for an all-stock transaction. While their respective business units will transition to a unified brand, BlockTower Venture Capital will remain independent.Data shows that BlockTower Capital has invested in well-known projects such as Aptos Labs, Dapper Labs, and Solana, while Arca's portfolio includes Mintify and Bitwave.