26-6-2025 – A former heavyweight from Blackstone Group has teamed up with the co-founder of Tether, the titan of stablecoins, to orchestrate a $1 billion listed crypto fund. This ambitious venture aims to craft a well-rounded portfolio of digital assets, blending innovation with seasoned expertise. Sources close to the initiative reveal that the fund is leveraging the SPAC M3-Brigade Acquisition V Corp, a vehicle backed by both visionaries, to secure its capital.
The fund’s strategy encompasses a diverse allocation of cryptocurrencies, with plans to invest in prominent assets such as Bitcoin, Ethereum, and Solana, reflecting a broad approach to the volatile digital market. However, the fundraising effort remains a work in progress, with insiders suggesting that the targeted $1 billion sum and other specifics could yet be subject to refinement
