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ReserveOne Plans Crypto Treasury and Nasdaq Listing After $1 Billion Merger Deal

  • ReserveOne plans to go public via a $1 billion SPAC deal, securing its crypto treasury with Bitcoin holdings.
  • Coinbase will hold custody of ReserveOne’s assets, while Galaxy, Kraken, and Pantera back the $750 million funding.
  • Led by former CEO of Hut 8, ReserveOne targets a Nasdaq listing and regulated crypto yield strategies.
  • The merger reflects broader efforts to bring crypto into regulated financial markets with ReserveOne's shares set to trade on Nasdaq after completing the merger.

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