According to Cointelegraph, digital asset management company ReserveOne announced it will go public through a merger with M3-Brigade Acquisition V Corp. This transaction is expected to generate over $1 billion in total proceeds to support the company's cryptocurrency reserve strategy by accumulating digital assets like Bitcoin, Ether, and Solana.
ReserveOne CEO Jaime Leverton stated that this public listing aims to strengthen the commitment to responsible innovation, financial inclusion, and the development of a more resilient and transparent digital asset market. Leverton has held key positions at Hut 8 and Riot Platforms.
M3-Brigade is a partnership between M3 Partners and Brigade Capital Management, focusing on bringing companies public through private mergers. Previously, M3-Brigade has taken Greenfire Resources and Infrastructure and Energy Alternatives public.
Upon completion of the merger, ReserveOne will trade under the codes RONE and RONEW. M3-Brigade is listed on NASDAQ, and the merger is expected to be completed in the fourth quarter of 2025.
Since 2024, cryptocurrency reserve companies have become increasingly popular, attracting more attention and credibility. Other companies involved in cryptocurrency reserves include Michael Saylor's Strategy, Metaplanet, Semler Scientific, SOL Strategies, and DeFi Development Corp.
