ReserveOne plans to raise over one billion dollars through Nasdaq listing (via SPAC
🗓️ Date: July 8, 2025
📌 What's happening?
ReserveOne, a cryptocurrency holding company, announced its listing on the Nasdaq through a merger with a SPAC called M3-Brigade Acquisition V, with the goal of raising over one billion dollars.
💰 About fundraising:
Approximately $297.7 million has been reserved in the M3-Brigade trust account.
In addition to $750 million from major institutional investors such as Blockchain.com and Kraken, through common stock and convertible bonds.
🧠 Holding strategy:
The company will manage a portfolio that includes:
Bitcoin #BTC
Ethereum
Solana
And will focus on generating returns through lending and staking.
👥 High-level leadership and expertise:
Jaime Leverton: Former CEO of Hut 8.
Sebastian Bea: Head of Investment, former at BlackRock and Coinbase AM.
The advisory board includes Reeve Collins (founder of Tether) and Wilbur Ross (former Secretary of Commerce).
🎯 Why is it important?
This move reflects an increasing trend in integrating cryptocurrencies into traditional financial structures, allowing institutional investors to access them in a transparent and organized manner, without the need to purchase the cryptocurrency directly as was the case with MicroStrategy previously.
