Company: PCAP
Filing Date: 2025-05-15
Form Type: CORRESP
Source: 0001213900-25-044363
Chunk: 0

Company: ProCap Acquisition Corp
Filing Date: 2025-05-15
Form: CORRESP
Chunk 0
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May 15, 2025

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Real Estate & Construction

100 F Street, N.E.

Washington, DC 20549

| Attention: | Pearlyne Paulemon |
|            | Jeffrey Gabor     |

| Re: | ProCap Acquisition Corp            
 Registration Statement on Form S-1 
 Filed April 30, 2025, as amended   |
|:----|:-----------------------------------|
|     | File No. 333-286876                |

Ladies and Gentlemen:

Reference is made to ProCap
Acquisition Corp’s (“we” or “our”) letter, filed as correspondence via EDGAR on May 13, 2025,
in which we requested the acceleration of the effective date of the above-captioned registration statement on Form S-1 (the “Registration Statement”) for Thursday, May 15, 2025, at 4:30 p.m. Eastern Time (the “Effective Date”), in accordance with
Rule 461 under the Securities Act of 1933, as amended. We are no longer requesting that such Registration Statement be declared effective
at this time, and we hereby formally withdraw our request for acceleration of the Effective Date.

Please contact our counsel,
Anne Peetz, Esq. of Reed Smith LLP at apeetz@reedsmith.com or by telephone at (713) 469-3853 with any questions.

| Sincerely,               |
| /s/ Anthony J. Pompliano |
| Anthony J. Pompliano     
 Chief Operating Officer  |
| ProCap Acquisition Corp  |

| cc: | Anne Peetz, Reed Smith LLP |

<div align='center'>[Signature Page to Withdrawal of Acceleration Request]</div>