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Ex-Blackstone & Tether Heavyweights Aim for $1B Mega-Fund to Revolutionize Crypto Treasury Management

Ex-Blackstone & Tether Heavyweights Aim for $1B Mega-Fund to Revolutionize Crypto Treasury Management

Author:
CoindeskEN
Published:
2025-06-26 12:44:58
8
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Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: Bloomberg

Crypto's institutional players just upped the ante—again.

Wall Street meets Web3

A dream team of ex-Blackstone and Tether execs is assembling a war chest to build the Swiss Army knife of digital asset treasuries. The target? A cool billion dollars. Because in crypto, why settle for millions when you can shoot for twelve zeros?

Multitoken future or bust

The fund's architecture reportedly bypasses single-token dogma—a direct shot at Bitcoin maxis and Ethereum loyalists. Think diversified crypto exposure with institutional-grade risk controls (or at least, what passes for them in this space).

Bonus jab: Nothing says 'serious finance' like former traditional bankers chasing volatility with other people's money.

|Square

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