Crypto treasury firm ReserveOne intends to go public through a $1 billion merger agreement with M3-Brigade Acquisition V Corp. The special purpose acquisition company (SPAC) deal aims to fund ReserveOne’s strategy focused on accumulating Bitcoin (BTC), Ether (ETH), and Solana (SOL) reserves.
The merger is expected to close in Q4 2025, with ReserveOne shares anticipated to trade on Nasdaq under the ticker symbols RONE and RONEW. This public listing structure reflects an ongoing trend of crypto entities leveraging SPAC mergers as alternatives to conventional IPOs.
Leading the initiative is industry veteran Jaime Leverton, who previously served as CEO of Bitcoin miner Hut 8 and held executive positions at Riot Platforms. Leverton brings expertise in blockchain infrastructure and institutional cryptocurrency adoption to ReserveOne’s corporate strategy.
The move signals intensifying market interest in cryptocurrency treasury solutions, positioning ReserveOne alongside firms implementing blockchain-based reserve allocation models. Investor appetite continues growing for entities dedicating substantial corporate capital holdings to crypto assets.