Coinbase Secures Role as Bitcoin Custodian in ReserveOne’s $1 Billion Crypto Reserve Plan

ReserveOne, a newly established cryptocurrency holding company, has announced its ambitious plan to build a $1 billion strategic reserve of major digital assets, including Bitcoin, Ethereum, XRP, and Solana. The company intends to go public through a merger with special purpose acquisition company M3-Brigade Acquisition V Corp, with the deal expected to close by late 2025. Notably, Coinbase has been selected as the custodian for the Bitcoin holdings within this reserve. This move underscores the growing institutional interest in digital assets and highlights Coinbase's continued prominence in the cryptocurrency custody space. The $1 billion reserve aims to position ReserveOne as a significant player in the digital asset ecosystem, leveraging the long-term value proposition of these leading cryptocurrencies. As of July 2025, this development marks another milestone in the maturation of cryptocurrency markets and institutional adoption.

ReserveOne Plans $1 Billion Crypto Reserve with Major Digital Assets

ReserveOne, a newly formed cryptocurrency holding company, announced its intention to go public via a merger with special purpose acquisition company M3-Brigade Acquisition V Corp. The deal, expected to close in late 2025, targets a $1 billion raise for building a strategic reserve of digital assets.

The reserve will include Bitcoin, Ethereum, XRP, and Solana. Coinbase has been tapped as custodian for Bitcoin holdings, providing institutional-grade security for what ReserveOne describes as 'professional access to crypto investing' for wealthy families and institutions.

Funding will combine $297.7 million from M3-Brigade's trust with $750 million from private investors including Kraken, Galaxy Digital, and Pantera Capital. The company plans to generate yield through staking and lending strategies rather than passive holding.

KULR Secures $20M Bitcoin-Backed Loan from Coinbase to Expand BTC Holdings

KULR Technology Group has obtained a $20 million credit facility from Coinbase Credit, backed by its bitcoin reserves. The multi-draw loan will fuel the company's BTC accumulation strategy, avoiding equity dilution or traditional debt. "This marks KULR's first bitcoin-backed credit facility, giving us access to non-dilutive capital at competitive rates," said CEO Michael Mo.

Coinbase Prime will custody KULR's Bitcoin collateral, reinforcing Coinbase's dominance in institutional crypto services. Eight of the top ten public companies holding BTC on their balance sheets already use Coinbase Prime, according to CEO Brian Armstrong. The platform currently safeguards 81% of the $140 billion crypto assets in US ETFs.

ReserveOne Announces $1 Billion Bitcoin-Dominated Digital Asset Reserve via SPAC Merger

ReserveOne, a newly established firm inspired by the proposed U.S. strategic Bitcoin reserve, revealed plans to go public through a SPAC merger with M3-Brigade Acquisition V Corp. (NASDAQ: MBAVU). The company aims to hold a diversified crypto portfolio, with Bitcoin (BTC), ethereum (ETH), and Solana (SOL) as primary assets.

The firm will engage in staking for supported altcoins to generate yield for shareholders, alongside participating in decentralized finance (DeFi) lending via smart contracts. "Our disciplined, yield-focused strategy sets a new standard for regulated crypto investing," said CEO Jaime Leverton.

ReserveOne secured over $1 billion in funding, including $300 million from the SPAC deal and $750 million from seasoned crypto investors. Coinbase Global will serve as custodian for the digital assets.

BlackRock’s IBIT Bitcoin ETF Surpasses 700,000 BTC in Record Time

BlackRock’s iShares Bitcoin Trust (IBIT) has crossed the 700,000 BTC threshold, cementing its status as one of the fastest-growing ETFs in financial history. The fund, launched in January 2024, now holds over $76 billion in assets under management.

IBIT added 1,510 BTC on July 7 alone, pushing its reserves past the milestone. Its rapid ascent reflects institutional demand for crypto exposure, backed by BlackRock’s reputation and secure custody via Coinbase.

The ETF’s performance stands out even within BlackRock’s vast portfolio of 1,197 funds. Its success marks a turning point for Wall Street’s embrace of digital assets.