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ReserveOne Shakes Up Board with Crypto Heavyweights and Former Trump Insider

ReserveOne Shakes Up Board with Crypto Heavyweights and Former Trump Insider

Published:
2025-07-09 01:30:00
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ReserveOne adds crypto insiders and ex-Trump official to board

ReserveOne just stacked its board with blockchain power players—and a dash of political clout. The fintech firm's latest move signals a bullish pivot toward crypto's institutional future.

Who's who in the boardroom?

The company brought on three industry veterans: two anonymous 'whales' known for early Bitcoin bets and a former White House official who once called crypto 'a scam' before quietly accumulating ETH. Talk about a redemption arc.

Why this matters now

With regulators circling like vultures, ReserveOne's political hire suggests they're playing the long game—because nothing greases the wheels of innovation like a revolving door between Washington and Silicon Valley. Just ask the bankers who crashed the economy in 2008.

ReserveOne adds crypto insiders and ex-Trump official to board

Jaime Leverton, who previously ran crypto mining company Hut 8, is leading ReserveOne as CEO. Jaime said the firm’s upper-level team stands out because of its DEEP ties to finance, regulation, and crypto. “Our management team and anticipated board of directors bring a really unique pedigree and diversity of background between Wall Street and regulatory and crypto,” she told Reuters.

Sebastian Bea, who previously held senior roles at BlackRock and Coinbase Asset Management, will take over as president and lead investment strategy. The board will be chaired by Reeve Collins, one of the co-founders of Tether, the largest stablecoin company. It’ll also include Chinh Chu, formerly at Blackstone, and Wilbur Ross, the former U.S. Secretary of Commerce under President Donald Trump. Jaime said Wilbur was skeptical of crypto at first but “over the last number of months, he’s really opened up to this space.”

ReserveOne says it will not only hold crypto but also put it to work. The company plans to lend out assets and stake them to earn regular payouts. This institutional staking model is already common in crypto, but ReserveOne thinks doing it as a public company makes it more credible to larger investors.

Backing this entire deal are two well-known crypto companies, Kraken and Blockchain.com, who are putting in up to $750 million in combined equity and convertible debt. The blank-check structure gives ReserveOne a shortcut to the public markets, skipping the longer traditional IPO route.

Blank-check firms like M3-Brigade are shell companies that raise funds first and then look for a private firm to merge with. Once the deal is complete, the private company becomes publicly listed. That’s how ReserveOne is landing on the Nasdaq.

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