ReserveOne eyes $1B SPAC merger to build a crypto treasury with BTC, ETH, and SOL, targeting a 2025 Nasdaq debut.
The well-known digital asset management company, ReserveOne, has declared its intention to go public by merging with M3-Brigade Acquisition V Corp.
ReserveOne will be able to establish a diversified cryptocurrency treasury with a primary concentration on Bitcoin, Ethereum, and Solana, thanks to this deal, which is worth over $1 billion.
$1 Billion ReserveOne Business Combination
The deal, which will be carried out through a special purpose acquisition company (SPAC), is anticipated to generate over $1 billion.
Assuming no redemptions, this includes up to $297.7 million from M3-Brigade’s trust account.
Additionally, through private investments in public equity (PIPE) offerings, ReserveOne has raised $750 million from institutional investors.
These offers include convertible notes in addition to common equity and warrants.
Some of the biggest names in the cryptocurrency industry, like Blockchain.com, Kraken, Galaxy Digital, and Pantera Capital, are among the PIPE investors.
This funding is anticipated to support the company’s expansion plan and provide a solid foothold in the quickly growing digital asset management industry.
Treasury, Leadership Of ReserveOne Bitcoin
ReserveOne’s business strategy will center on managing various cryptocurrency products, with Bitcoin as the portfolio’s cornerstone.
Ethereum, Solana, and other cryptocurrencies will also be part of the company’s portfolio.
ReserveOne will generate returns on its investments through institutional lending and staking, offering a more targeted approach to yield for bitcoin investments.
One crucial element influencing the company’s chances of success is its leadership.
ReserveOne will be led by CEO Jaime Leverton, previously the CEO of the cryptocurrency mining business Hut 8.
The company’s president and head of investment will be Sebastian Bea, who previously oversaw Coinbase Asset Management.
Support From Board, Investors
Former U.S. Secretary of Commerce Wilbur Ross and Reeve Collins, co-founder of stablecoin issuer Tether, will serve on ReserveOne’s board.
Veterans of the industry from Coinbase and other well-known companies are also on the board.
Notably, it has been claimed that Reeve Collins, a co-founder of Tether, and Chinh Chu, a former executive at Blackstone, intend to raise $1 billion through a SPAC to create a cryptocurrency treasury.
This fund will support ReserveOne’s diversified portfolio management approach by concentrating on various digital assets, such as Bitcoin, Ethereum, and Solana.
Anticipated Listing, Plans
The combined company will trade on the Nasdaq as RONE if the deal is successfully finalized, which is expected to happen in the fourth quarter of 2025.
This marks a significant turning point in ReserveOne’s development into a publicly traded business and offers fresh chances for investors to get exposure to a diverse range of cryptocurrency investments.
As a result, this choice to go public will contribute to setting a new standard for institutional cryptocurrency investment and yield generation.
The company is well-positioned to benefit from the growing demand for transparent and legally regulated crypto investing services thanks to its leadership strategy and disciplined approach to digital asset management.
