DeFi Daily News
Tuesday, July 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Ethereum

rewrite this title Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm

Assad Jafri by Assad Jafri
June 26, 2025
in Ethereum
0 0
0
rewrite this title Former Tether, Hut 8, Blackstone execs to launch B crypto treasury firm
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Nemo

A group of high-profile financial executives, including former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins, are seeking to raise $1 billion to launch what could become the first publicly traded crypto treasury firm with a diversified portfolio, Bloomberg News reported on June 25, citing people familiar with the matter.

The effort is being led through M3-Brigade Acquisition V, a special-purpose acquisition company (SPAC) that will rebrand and redirect its capital toward building a balance sheet of multiple digital assets, including Bitcoin, Ethereum, and Solana.

If successful, the initiative would mark a significant departure from the typical Bitcoin-only treasury strategies employed by most public firms in recent months.

The company will be helmed by Jaime Leverton, the former CEO of crypto mining firm Hut 8. She will be joined by two vice chairs: Wilbur Ross, former U.S. Commerce Secretary under President Donald Trump’s first administration, and Gabriel Abed, the former Barbadian ambassador to the UAE and current chairman of Binance’s board.

According to Bloomberg, Cantor Fitzgerald is advising on the fundraising process, though sources cautioned that the final structure, including the token allocation, could still evolve depending on market conditions and investor interest.

The move comes amid a broader trend of publicly listed companies adding digital assets to their balance sheets as an inflation hedge and alternative store of value. However, most have focused exclusively on Bitcoin.

M3-Brigade’s planned multitoken approach would represent a novel treasury model. Unlike single-token strategies, the proposed diversified portfolio could potentially reduce volatility and offer investors broader exposure to the crypto market’s largest networks.

Other firms have recently expressed interest in similar treasury plays. Earlier this week, Anthony Pompliano’s ProCap BTC said it would go public via a SPAC to acquire Bitcoin.

Meanwhile, SharpLink Gaming has chosen to adopt Ethereum as a reserve asset for its treasury, while Nano Labs is accumulating BNB, but none have taken a multi-asset approach akin to M3-Brigade’s plans.

M3-Brigade shares dropped 12% on June 25 following the report but rebounded 5% in pre-market trading on June 26, reflecting cautious investor interest in the firm’s new direction.

The plan remains under wraps with no official announcement, and representatives for M3-Brigade, Chu, and Collins have declined to comment.

If completed, the initiative would mark one of the most ambitious attempts yet to institutionalize crypto treasury management on public markets, with leadership spanning Wall Street, stablecoin innovation, digital mining, and global diplomacy.

Mentioned in this article

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BlackstoneCryptoexecsFirmHutlaunchrewriteTethertitleTreasury
ShareTweetShare
Previous Post

rewrite this title Gypsy Rose Blanchard Calls Out ‘Deeply Disturbed’ Ex Nicholas Godejohn Over Mom Murder

Next Post

rewrite this title What Is the Cost to Replace Vinyl Siding in 2025? – NerdWallet

Next Post
rewrite this title What Is the Cost to Replace Vinyl Siding in 2025? – NerdWallet

rewrite this title What Is the Cost to Replace Vinyl Siding in 2025? - NerdWallet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Mastering Crypto Mining: A Step-By-Step Guide

Mastering Crypto Mining: A Step-By-Step Guide

September 12, 2024
rewrite this title Bitcoin Long-Term Holders Selling, But Price Holds – New Buyers Stepping In? | Bitcoinist.com

rewrite this title Bitcoin Long-Term Holders Selling, But Price Holds – New Buyers Stepping In? | Bitcoinist.com

July 1, 2025
rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

July 1, 2025
rewrite this title with good SEO Europol Crypto Bust Uncovers 0M Money Laundering Network

rewrite this title with good SEO Europol Crypto Bust Uncovers $540M Money Laundering Network

July 1, 2025
rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

July 1, 2025
rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs .17 Billion Bitcoin Strategy

rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy

June 30, 2025
rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

June 30, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.