ReserveOne plans to establish a cryptocurrency reserve with a scale of over 1 billion US dollars

Odaily Planet Daily News: Reserve One Inc., a digital asset management company, announced today that it has reached a final business merger agreement with M3 Brigade Acquisition V Corp., a SPAC company listed on NASDAQ. The company plans to hold and manage a basket of cryptocurrency assets, with Bitcoin as the core, covering assets with potential for pledge and lending returns such as Ethereum and Solana, and provide asset appreciation services to institutional investors. This transaction is expected to bring over $1 billion in financing to ReserveOne to support its establishment of cryptocurrency reserves, including approximately $298 million in trust funds (assuming no redemptions) and $750 million in PIPE financing, including $500 million in common stock and warrants, $250 million in convertible bonds, with participation from institutions such as Blockchain.com, Galaxy Digital, Kraken, Pantera Capital, and ParaFi Capital. （GlobeNewswire）