The deal includes $297.7 million in SPAC trust capital and $750 million in PIPE commitments from crypto industry heavyweights including Galaxy Digital, Kraken, Pantera Capital, Blockchain.com, and CC Capital.
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Crypto Treasury Firm ReserveOne Going Public in $1B SPAC Deal
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ReserveOne has secured $750 million from major crypto-industry investors such as Blockchain.com, Galaxy Digital, Kraken and Pantera Capital, consisting of $500 million in equity and warrants and $250 million in convertible notes for its $1 billion SPAC transaction to take ReserveOne public
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M3-Brigade’s financing for ReserveOne includes approximately $298 million from its SPAC trust account as part of the merger to take ReserveOne public
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