<ul data-eligibleForWebStory="true"><li>M3-Brigade Acquisition V, a SPAC, aims to raise $1 billion to transform into a crypto treasury management firm.</li><li>The company plans to diversify its treasury across Bitcoin, Ethereum, Solana, and other cryptocurrencies, led by notable figures in the industry.</li><li>This venture contrasts existing models by offering a diversified crypto portfolio at scale, attracting investor attention despite market volatility.</li><li>If successful, this move could bring institutional legitimacy to crypto treasuries and provide a new public-market gateway to crypto exposure.</li></ul>

Wall Street Veterans Aim to Launch First Public Crypto Treasury Firm with $1B Raise

Discover more