ReserveOne Set to Raise Over $1 Billion in Nasdaq Listing with Crypto Ties

Reported 1 day ago

ReserveOne, a new cryptocurrency venture backed by prominent industry figures and a former U.S. commerce secretary, plans to go public on Nasdaq through a merger with M3-Brigade Acquisition V Corp, aiming to raise over $1 billion. The company will manage a portfolio of key cryptocurrencies, aligning with the U.S. strategic crypto reserve, amid growing efforts to attract traditional investors to crypto assets. Led by CEO Jaime Leverton, the firm intends to leverage diverse leadership while exploring returns through lending and institutional staking.

Source: YAHOO

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