ReserveOne, a newly formed firm inspired by the proposed U.S. strategic Bitcoin Reserve, has announced plans to go public through a merger with M3-Brigade Acquisition V Corp.
ReserveOne's Plans for Going Public
ReserveOne plans to create a diversified crypto portfolio including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The company also intends to participate in staking for different supported altcoins to provide reliable yield for its shareholders.
Funding Model of ReserveOne
The company will manage assets totaling over $1 billion to facilitate the purchase and management of a diversified basket of crypto assets. The SPAC merger deal includes nearly $300 million added for ReserveOne, alongside $750 million committed by veteran crypto investors, with $500 million in common equity and $250 million from Private Investment in Public Equity (PIPE).
Company Strategy and Leadership Comments
CEO Jaime Leverton stated that moving toward a public listing reinforces their commitment to responsible innovation and financial inclusion. M3-Brigade CEO Reeve Collins remarked that as a public company, ReserveOne aims to set a new standard for digital financial innovation.
The merger of ReserveOne with M3-Brigade Acquisition V Corp. is expected to attract considerable interest in the crypto market as the company strives to make digital asset investing more transparent and resilient.
