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
U.S. Bank is currently testing the issuance of a custom stablecoin on the Stellar network.
Coinbase Listing Roadmap Update: Rayls (RLS)
Terminal Finance has announced the termination of the project's launch. All users' principal can be withdrawn in full.
The three major US stock indexes closed higher, cryptocurrency stocks were up across the board, and BNC rose by 20.6%.
Tether Shuts Down Mining Operation in Uruguay, Project Has Received Over $100 Million in Funding
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]