ReserveOne, a newly established firm inspired by the concept of a U.S. strategic Bitcoin reserve, has unveiled plans to go public via a SPAC merger with M3-Brigade Acquisition V Corp. (NASDAQ: MBAVU). The company intends to build a diversified digital asset portfolio, with a primary focus on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), among others.
To generate consistent returns for shareholders, ReserveOne will engage in staking across supported altcoins. Additionally, the firm aims to participate in crypto lending through decentralized finance (DeFi) smart contracts, providing a secure and steady yield stream.
ReserveOne’s Funding Model
ReserveOne is set to manage over $1 billion in assets to support the acquisition and oversight of a diversified portfolio of cryptocurrencies. Coinbase Global has been selected as the custodian for these digital assets, with Bitcoin (BTC) leading the reserve.
The SPAC merger with M3-Brigade Acquisition V Corp. contributed nearly $300 million to ReserveOne’s capital base. In addition, seasoned crypto investors have committed a total of $750 million—of which approximately $500 million will be in the form of common equity and $250 million through a Private Investment in Public Equity (PIPE) arrangement.
Prominent backers of ReserveOne include Blockchain.com, CC Capital, FalconX, Galaxy Digital, Hivemind Capital, Kraken, Mantle, Monarq Asset Management, Origin Protocol, Pantera Capital, ParaFi Capital, and Republic Digital.
