ReserveOne Plans to Launch Over $1 Billion Bitcoin-Dominated Digital Asset Reserve
BlockBeats News, July 8th, according to GlobeNewswire, digital asset management company ReserveOne Inc. announced today that it has reached a definitive business merger agreement with Nasdaq-listed SPAC company M3-Brigade Acquisition V Corp. The company plans to hold and manage a basket of crypto assets, with Bitcoin at its core, covering assets with staking and lending yield potential such as Ethereum, Solana, and others, and provide asset appreciation services to institutional investors.
This transaction is expected to bring ReserveOne over $1 billion in financing, including approximately $298 million in trust funds (assuming no redemptions) and $750 million in PIPE financing, including $500 million in common stock and warrants and $250 million in convertible bonds.
Strategic investors participating in this round of financing include: Blockchain.com, Galaxy Digital, Kraken, Pantera Capital, ParaFi Capital, and other institutions. After the completion of the transaction, ReserveOne plans to list on the Nasdaq.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Circle Mints 5 Billion USDC, Tether and Circle Minted a Total of 17.75 Billion USDT Stablecoins Following the '10/11' Market Crash
Silver Spot Price Hits All-Time High, Gold Reclaims $4200 per Ounce
The mainstream cryptocurrency experienced a short-term surge, and the "buddy" took the opportunity to reduce long positions at a high point.
CME Group: All CME Group markets are now open and trading has resumed
MegaETH Co-founder: Pause in Pre-sale Intended to Ensure Ecosystem's Healthy Growth, Willing to Accept Feedback
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]