🚨 Tether Co-founder & Ex-Blackstone Exec Join Forces for $1B Crypto Fund
🟠 In a bold move signaling growing institutional confidence in digital assets, Tether Co-founder Reeve Collins and former Blackstone exec Chinh Chu are reportedly raising up to $1 billion via a SPAC to launch a crypto treasury fund.
📢 The fund will focus on three of the most prominent crypto assets:
✔️ Bitcoin (BTC)
✔️ Ethereum (ETH)
✔️ Solana (SOL)
💡 Why this matters:
▫️ A fusion of traditional finance & Web3 vision
▫️ Crypto adoption is shifting from speculation to structured, large-scale investment vehicles
▫️ Reinforces the long-term thesis for $BTC , $ETH , and $SOL as core digital assets
🌐 With names like Collins and Chu behind it, this fund could redefine crypto treasury models and signal the next phase of institutional adoption.
📢 Are we witnessing the rise of a new Wall Street–Web3 powerhouse?
#CryptoFund #Bitcoin #Ethereum #Solana #Tether
https://coingape.com/tether-co-founder-to-raise-1b-for-bitcoin-ethereum-solana-crypto-fund/