ReserveOne, Backed by Crypto Heavyweights, Set to Raise over $1 Billion in Nasdaq Listing

ReserveOne, Backed by Crypto Heavyweights, Set to Raise Over $1 Billion ...

ReserveOne to go public in $1B SPAC deal backed by Kraken, Tether’s co-founder, and former U.S. Commerce Secretary - Tech Startups

The SPAC IPO space is heating up as a new crypto holding company heads to Wall Street with a heavyweight team—and a billion-dollar plan to match. ReserveOne, a cryptocurrency asset manager backed by industry heavyweights and political insiders, announced Tuesday […] The post ReserveOne to go public in $1B SPAC deal backed by Kraken, Tether’s co-founder, and former U.S. Commerce Secretary first appeared on Tech Startups.

ReserveOne, backed by crypto heavyweights, set to raise over $1 billion in Nasdaq listing

(Reuters) -ReserveOne, a new cryptocurrency holding company with ties to industry veterans and a former U.S. commerce secretary, said on Tuesday it will list on the Nasdaq through a blank-check deal that is expected to raise more than $1 billion.

Cryptoasset Management Firm ReserveOne to Go Public in $1 Billion Deal

Digital asset management firm ReserveOne is going public in a $1 billion deal. [contact-form-7] The company announced plans for a special purpose acquisition company (SPAC) merger with M3-Brigade Acquisition V Corp. in a Tuesday (July 8) press release. ReserveOne, which was inspired by the proposed national cryptocurrency reserve, plans to hold and manage digital assets, such as bitcoin, Ethereum and Solana, the release said. Backed by …

ReserveOne to go public via merger, create crypto reserve

ReserveOne, a digital asset management firm, is planning to go public via a business combination agreement with M3-Brigade, giving it the funds to start a crypto reserve.

Crypto Treasury ReserveOne Eyes Nasdaq Listing Via $1 Billion SPAC Deal

The company’s board of directors includes names from Coinbase, Binance, and Trump’s first administration.