Digital asset management company ReserveOne will go public through a merger with M3-Brigade at a valuation of $1 billion

On July 8, ReserveOne Inc. announced today that it has reached a business combination agreement with special purpose acquisition company M3-Brigade Acquisition V Corp. (NASDAQ: MBAVU), with a transaction valuation of approximately $1.000 billion. After the merger, it will be listed on NASDAQ with the stock code "RONE". ReserveOne is a new type of digital asset management company that will hold and manage a diversified cryptocurrency portfolio mainly composed of Bitcoin, including Ethereum, Solana, etc., and generate additional income through institutional staking and lending. The transaction is expected to provide more than $1.000 billion in funding, including approximately $297.700 million from the M3-Brigade trust account and $750.000 million in subscribed capital from institutional investors. The company will be led by former Hut 8 CEO Jaime Leverton, and strategic partners include well-known institutions such as Galaxy Digital, FalconX, and Kraken. Coinbase will serve as the Bitcoin custodian. The transaction is expected to be completed in the fourth quarter of 2025 and is subject to shareholder approval. [Deep Tide TechFlow]