ReserveOne to Launch Bitcoin Treasury as it Targets Nasdaq Listing
ReserveOne plans $1 billion SPAC merger to launch crypto treasury with Bitcoin, Ethereum, XRP and Solana.

ReserveOne, a well-established digital asset management firm, has recently announced its intention to become a publicly traded entity through a business combination with M3-Brigade Acquisition V Corp.
This strategic maneuver, with an estimated valuation exceeding $1 billion, is designed to enable ReserveOne to launch a diversified cryptocurrency treasury with a primary emphasis on Bitcoin, Ethereum, and Solana. Experts project the transaction, structured as a merger with a special purpose acquisition company (SPAC), to generate capital of over $1 billion.
ReserveOne to Launch Bitcoin Treasury
This funding may include up to $297.7 million held in M3-Brigade’s trust account, contingent upon the absence of redemptions. Furthermore, ReserveOne has secured a substantial commitment of $750 million in capital from a consortium of institutional investors through private investments in public equity (PIPE) offerings.
Notably, the investor base participating in the PIPE offerings boasts a roster of prominent entities within the cryptocurrency ecosystem, including Blockchain.com, Kraken, Galaxy Digital, and Pantera Capital. Moreover, this infusion of capital will fuel ReserveOne’s strategic growth initiatives, facilitating the establishment of a robust position within the rapidly expanding digital asset management sector.
ReserveOne’s business model will center on managing a diverse suite of cryptocurrency products, with Bitcoin serving as the cornerstone of its portfolio. The company’s holdings will also encompass Ethereum, XRP, Solana, and other carefully selected cryptocurrencies.
Plans to Raise $1 Billion
The firm strategically employs institutional staking and lending mechanisms. ReserveOne aims to generate attractive returns on its investments, thereby providing a yield-focused approach to cryptocurrency investment.
ReserveOne’s board of directors will feature notable figures, including Reeve Collins, co-founder of stablecoin issuer Tether, and Wilbur Ross, former U.S. Secretary of Commerce. The board also includes seasoned veterans from Coinbase and other well-established firms, providing a wealth of experience and strategic guidance.
In a related development, Tether co-founder Reeve Collins, in conjunction with former Blackstone executive Chinh Chu, is reportedly planning to raise $1 billion through a separate SPAC to establish a distinct crypto treasury.
Nonetheless, this fund will focus on a diverse range of digital assets, including Bitcoin, Ethereum, and Solana, and will complement ReserveOne’s strategy of managing a diversified portfolio. Upon the successful completion of the transaction, currently projected to occur in the fourth quarter of 2025, the combined entity will take a spot on the Nasdaq Stock Exchange under the ticker symbol RONE.