📌 TOPINDIATOURS Hot crypto: Crypto Asset Manager ReserveOne Files for $1B Merger w
ReserveOne, a crypto asset management firm modeled after the US Strategic Bitcoin Reserve, has filed a confidential draft of Form S-4 with the US Securities and Exchange Commission as part of its plan to go public through a merger with M3-Brigade Acquisition V Corp.
Key Takeaways:
- ReserveOne has filed for a $1 billion SPAC merger to go public and list on Nasdaq.
- The firm will manage a diversified crypto treasury anchored by Bitcoin, Ethereum, and Solana.
- Led by former Hut 8 and Coinbase executives, ReserveOne aims to offer crypto exposure via public equity.
The merger, first revealed in July, is expected to raise over $1 billion and lead to a Nasdaq listing.
Form S-4 is commonly used for registering securities during mergers or similar corporate transactions.
ReserveOne to Manage Diversified Crypto Treasury with BTC, ETH, SOL
According to its earlier statements, ReserveOne will manage a diversified digital asset treasury, including Bitcoin, Ethereum, Solana, and other tokens.
The firm says it aims to generate yield via institutional staking and lending strategies, with Bitcoin serving as the core reserve asset.
“ReserveOne will hold and manage a diverse basket of cryptocurrencies anchored with Bitcoin,” the company said in a July announcement.
The leadership team includes Jaime Leverton, former CEO of Hut 8, who will serve as CEO, and Sebastian Bea, who previously ran Coinbase Asset Management, as president and head of investment.
ReserveOne is positioned as a bridge for traditional investors to gain exposure to cryptocurrencies through a publicly traded equity, rather than holding digital assets directly.
The structure mirrors Hut 8’s earlier strategy of becoming the first publicly listed company to hold Bitcoin on its balance sheet.
The merger with M3-Brigade, a special purpose acquisition company (SPAC), is part of a broader trend of digital asset firms seeking public market entry without the standard IPO route.
While final terms and timelines remain undisclosed, the $1 billion figure signals growing institutional confidence in structured crypto investment products.
Crypto IPOs Gain Momentum
Last week, BitGo officially filed for an initial public offering, becoming the first dedicated crypto custodian to pursue a listing on a US stock exchange.
BitGo’s IPO filing came amid renewed momentum for crypto-related public offerings.
The digital asset space has seen several notable public listings in 2025. Stablecoin issuer Circle made a splash with its IPO in June, surging more than sevenfold since going public.
Online trading platform Etoro, which offers crypto trading among its services, debuted in May.
In addition, Galaxy Digital, led by Mike Novogratz, moved its listing from the Toronto Stock Exchange to Nasdaq earlier this year.
Gemini, the exchange founded by the Winklevoss twins, filed confidentially for a U.S. IPO in June, signaling strong market confidence in crypto exchanges going public.
More recently, Figure Technology Solutions Inc., a blockchain-focused lending platform, raised $787.5 million in its initial public offering.
The San Francisco-based company, alongside key backers including Ribbit Capital, sold 31.5 million shares at $25 apiece, valuing the firm at roughly $5.3 billion.
Originally targeting a lower range, Figure increased both the share count and price just days before the listing, signaling strong investor demand.
The post Crypto Asset Manager ReserveOne Files for $1B Merger with M3-Brigade SPAC appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
📌 TOPINDIATOURS Breaking crypto: Why Stablecoin Banking Will Be ‘10 Times Bigger’:
In a recent BeInCrypto podcast, we chatted with Pavel Matveev, co-founder of COCA, about their newly launched COCA 2.0. This app sets out to make stablecoin payments as easy as using your favorite banking app.
We explored what makes COCA tick, why stablecoins are gaining ground, and how this could bring crypto to a wider crowd.
Stablecoins Are Built for Real-World Spending
Matveev kicked off the discussion by highlighting the growing momentum around stablecoin payments.
According to him, unlike the speculative focus of much of the crypto industry, stablecoins offer grounded utility with fast, accessible, and cost-effective transactions.
While stablecoins are not new innovations in the industry, he specifically pointed out that 2025 is a turning point for this segment.
“This year we see an increase in the number of use cases, we see more focus or more hype about stablecoin payments,” he told BeInCrypto.
In the past, he noted, many companies and ecosystems attempted to build payment solutions with little adoption.
According to Matveev, what makes 2025 different is that regulatory clarity and stronger blockchain infrastructure now make it possible to deliver a Web2-like payment experience powered by stablecoins.
Having spent years in payments and banking, Matveev sees stablecoins as the key to crypto’s next chapter.
He compared it to the rise of apps like Revolut a decade ago, when people scoffed at challenger banks taking on the big names. Now, some of those startups are worth more than traditional banks.
For him, stablecoin banking represents a similar moment, only on a larger scale.
“Stablecoin at the moment for stablecoin payments and for stablecoin banking, this is a similar moment, but actually result and impact will be 10 times more because stablecoin is not just covering the banking experience, but it’s covering [a] broader range of payment use cases,” Matveev explained.
Skepticism, he added, is no deterrent. “Being in the industry for a long, long time, we will grow for this moment, and the result will be 10 times bigger,” he affirmed.
Rebuilding COCA from Scratch to Catch the Stablecoin Wave
This vision of stablecoins as the new financial infrastructure is precisely what prompted COCA to make the bold decision to rebuild its app from scratch.
While the initial version of COCA was a self-custody MPC wallet geared toward a crypto-native audience, the team realized a fundamental shift was needed to serve a broader market.
Matveev explained, “But at some point we realized… when you have a wallet or exchange and you add a card or crypto card to it, it’s not really becoming like your banking app.”
Instead of bolting on features, the team shifted direction. “We want to create a banking experience from the ground up powered by stablecoins,” he said.
That meant moving the traditional banking flows to the front of the app and pushing the crypto-native mechanics into the background.
To achieve this seamless Web2-like experience, COCA has directly addressed three historical friction points that have hindered mainstream crypto adoption.
The first is the complexity of private keys and seed phrases, a major barrier for the average user.
COCA solved this by using Multi-Party Computation (MPC) technology and biometric encryption, eliminating the need for users to manage a complex seed phrase.
The second is the pain of gas fees for on-chain transactions. With COCA, these are sponsored entirely by the platform.
Matveev explained the mechanics, stating, “For consumers, again, they don’t see it, but a transaction actually happens on the blockchain… so funds are debited from account abstraction, this transaction goes on the chain and the gas is sponsored by COCA,” he elaborated.
Lastly, the problem of liquidity fragmentation across different chains is solved by COCA’s support for multiple networks, which abstracts away the complexity of managing different stablecoin versions.
Trust Through Service and Rewards
For Matveev, building trust is as critical as building technology. “When it comes to dealing with people’s money, trust is very important,” he said. “With retail applications, it’s extremely important because you have only one chance to make a first impression.”
To deliver that dependability, COCA invested in 24/7 support for its global user base, ensuring no one is left waiting.
Trust also extends to how people choose their primary card. “You need to develop a very good loyalty or incentives program. So actually customers have some incentives to use your card and not the other card,” Matveev explained.
That is why COCA 2.0 offers cashback on purchases, hotel discounts, and up to 50% off subscriptions to selected platforms.
The approach has already shaped who uses the app. “We have high net worth individuals who spend big money on buying things like airplane tickets or travel. We have people buying cars as well,” Matveev said.
“We also have a segment of our customers who are like freelancers. They’re receiving a salary in stablecoins and then they just use it… pay for goods and services.”
Mass-market users are joining too, often drawn by cashback perks. The average COCA user is 32, and 80% are male.
Matveev highlighted that the COCA card can now be used for everyday purchases thanks to its integration with Visa.
Users can spend their stablecoins at both online and offline stores across 80 million merchants worldwide, covering everything from groceries and restaurants to travel, including everyday spots…
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🔗 Sumber: www.beincrypto.com
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