Tether Co-Founder Reeve Collins and CC Capital Affiliate Purchase Sponsor Interests in SPAC to Acquire Digital Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2025
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Source: Newsfilter
Leadership Changes: Reeve Collins, co-founder of Tether, has been appointed as the CEO of M3-Brigade Acquisition V Corp., which plans to focus on digital assets and change its name to CCRC Digital Assets Corp.
Investment Details: The company completed a transaction involving the purchase of Class B shares and private placement warrants for $6,467,500, with intentions to seek business combination targets in the digital asset industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
