{"id":33957,"date":"2025-06-27T03:01:41","date_gmt":"2025-06-27T03:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33957"},"modified":"2025-06-27T03:01:41","modified_gmt":"2025-06-27T03:01:41","slug":"1-billion-on-the-table-tether-co-founder-launches-crypto-investment-fund","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33957","title":{"rendered":"$1 Billion On The Table: Tether Co-Founder Launches Crypto Investment Fund"},"content":{"rendered":"<div>\n<p>Reeve Collins and Chinh Chu are lining up to raise as much as $1 billion through a SPAC to build a big crypto fund. According to a Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-25\/ex-blackstone-tether-duo-plot-1-billion-crypto-reserve-push\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a>, they\u2019ve bought sponsor stakes in M3-Brigade Acquisition V Corp. The money would flow into a mix of Bitcoin, Ethereum and Solana. Investors will be watching every step closely.<\/p>\n<h2><strong>Background On The Sponsors<\/strong><\/h2>\n<p>Reeve Collins helped start Tether and led that company from 2013 to 2015. Chinh Chu spent years as a top dealmaker at Blackstone before she left in 2015. Based on reports, each has a sponsor interest in M3-Brigade Acquisition V Corp. That gives them a direct say in how the <a href=\"https:\/\/www.investopedia.com\/terms\/s\/spac.asp\" target=\"_blank\" rel=\"noopener nofollow\">SPAC<\/a> moves forward.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">So, <a href=\"https:\/\/twitter.com\/search?q=%24mbav&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$mbav<\/a>. On ssr after today. Like the setup. Tether co-founder hype. Will buy the panican shares. Also, Mohsin Meghji is an extremely smart cookie IYKYK. Tbh. The whole board is super solid. Unique for a spac. <a href=\"https:\/\/t.co\/aazIvjFNeI\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/aazIvjFNeI<\/a><\/p>\n<p>\u2014 TheForestnottheTrees (@richtrades100) <a href=\"https:\/\/twitter.com\/richtrades100\/status\/1938001734107807901?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">June 25, 2025<\/a><\/p>\n<\/blockquote>\n<h2><strong>Structure Of The SPAC Deal<\/strong><\/h2>\n<p>M3-Brigade Acquisition V Corp is already listed on a US exchange. Collins, a <a href=\"https:\/\/tether.to\/en\/\" target=\"_blank\" rel=\"noopener nofollow\">Tether<\/a> Co-founder, and Chu, former Blackstone executive, are working with Cantor Fitzgerald LP as adviser. They hope to merge the SPAC with a newly formed fund.<\/p>\n<p>The goal is to turn public capital into crypto assets. The plan could change before it closes, though. The $1 billion target is what they\u2019re talking about for now.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/pCMPNVhs\/\" width=\"1835\" height=\"884\"><br \/>\n<strong>Portfolio Mix And Goals<\/strong><\/p>\n<p>The fund would hold at least three assets: Bitcoin, Ethereum and Solana. Based on reports, they\u2019re looking to spread risk by picking more than one token. That stands in contrast to a recent effort by hedge fund executives who want $100 million for a BNB-only treasury.<\/p>\n<p><strong>Industry Implications And Next Steps<\/strong><\/p>\n<p>Institutional interest in crypto treasuries has picked up over the past year. Several public companies have already added Bitcoin to their balance sheets.<\/p>\n<p>This new move could push more firms to consider digital tokens. Cantor Fitzgerald\u2019s role suggests the sponsors want to follow clear rules on how money flows. Investors will want updates on timing, fees and how assets are valued.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-514775\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?resize=685%2C339\" alt=\"\" width=\"685\" height=\"339\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?w=685 685w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?w=130 130w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?w=104 104w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_da604a.png?w=83 83w\" sizes=\"auto, (max-width: 685px) 100vw, 685px\"><\/p>\n<p>Regulators are still watching SPAC deals closely. Any big change in plan could draw extra questions. Based on reports, Collins and Chu haven\u2019t set a firm deadline for closing. The SPAC could hunt for other targets tied to crypto or blockchain if this fund plan shifts.<\/p>\n<p>This effort feels like a next step in bringing crypto into the mainstream of big investors. If it succeeds, a $1 billion digital asset treasury could become a new benchmark.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reeve Collins and Chinh Chu are lining up to raise as much as $1 billion through a SPAC to build a big crypto fund. According to a Bloomberg report, they\u2019ve bought sponsor stakes in M3-Brigade Acquisition V Corp. The money would flow into a mix of Bitcoin, Ethereum and Solana. Investors will be watching every [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33957","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33957"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33957\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}