🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Tether co-founder plans to raise $1 billion for Crypto Assets reserve fund
According to ChainCatcher news and 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 (SPA) 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 outperform speculative trading and achieve stable, long-term exposure to digital assets. By adopting a SPAC structure, the plan aims to accelerate its market entry and provide transparent access to the fund through the public market.