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Glassnode: Bitcoin DVOL index has hit a historical low, which may increase the risk of sudden fluctuations.
2025-08-15 07:26
Binance: PublicAI (PUBLIC) Airdrop will resume today at 15:30 (UTC+8)
2025-08-15 07:12
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Gate Square New & Returning Creator Rewards are ongoing!
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Tether co-founder plans to raise $1 billion for Crypto Assets reserve fund.
According to ChainCatcher news, as reported by FinanceFeeds, Tether co-founder Reeve Collins is collaborating with former Blackstone Group executive and CC Capital founder Chinh Chu to raise $1 billion through the special purpose acquisition company (SPAC) M3-Brigade Acquisition V Corp to launch a publicly traded Crypto Assets reserve fund. The fund will focus on a diversified portfolio of leading Crypto Assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), aiming to surpass speculative trading and achieve stable, long-term exposure to digital assets. By adopting a SPA structure, the plan aims to accelerate its market entry and provide a transparent fund access route through the public market.