$1 Billion Crypto Gold Rush: Tether Co-Founder Drops Game-Changing Investment Fund
Crypto's big-money players just got a new playground. The co-founder of Tether—the controversial stablecoin that prints money like the Fed on espresso—is rolling out a $1 billion fund to back blockchain's next moonshots.
Who needs regulators when you've got a nine-figure war chest?
The move signals institutional-grade confidence in crypto's infrastructure plays. We're not talking meme coins here—this is serious capital chasing decentralized finance, layer-2 scaling, and maybe even a few AI-blockchain hybrids (because 2025 demands at least three buzzwords per startup).
One hedge fund manager quipped: 'Finally, someone putting Tether's printer profits to work—other than buying Lamborghinis.'
Watch this space. When the stablecoin mafia starts writing checks, markets move.
Background On The Sponsors
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 SPAC moves forward.
So, $mbav. 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. https://t.co/aazIvjFNeI
— TheForestnottheTrees (@richtrades100) June 25, 2025
Structure Of The SPAC Deal
M3-Brigade Acquisition V Corp is already listed on a US exchange. Collins, a Tether 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.
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’re talking about for now.
The fund would hold at least three assets: Bitcoin, Ethereum and Solana. Based on reports, they’re 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.
Industry Implications And Next StepsInstitutional interest in crypto treasuries has picked up over the past year. Several public companies have already added Bitcoin to their balance sheets.
This new MOVE could push more firms to consider digital tokens. Cantor Fitzgerald’s 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.
Regulators are still watching SPAC deals closely. Any big change in plan could draw extra questions. Based on reports, Collins and Chu haven’t set a firm deadline for closing. The SPAC could hunt for other targets tied to crypto or blockchain if this fund plan shifts.
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.
Featured image from Unsplash, chart from TradingView