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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Former BlackRock executives collaborate with Tether co-founder to raise $1 billion to create a listed encryption asset reserve company.
According to Jincai Finance and Bloomberg, former Blackstone Group executives are collaborating with Tether co-founder to raise $1 billion through the SPAC company M3-Brigade Acquisition V Corp., with plans to create a publicly listed digital asset reserve company. The platform intends to hold a diversified digital asset portfolio including Bitcoin, Ethereum, and Solana. Sources indicate that fundraising efforts are still ongoing, and relevant details have yet to be finalized.