Spirit Blockchain Capital has established a new entity, SpiritReserve Group, and plans to raise up to $500 million.

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Odaily News Canada digital asset management and investment listed company Spirit Blockchain Capital announced the launch of the Spirit Blockchain 2.0 strategy, which aims to integrate a multi-token portfolio into its revenue strategy, expecting to expand its revenue plan to three crypto assets: BTC, ETH, and SOL in the fourth quarter of this year. In addition, Spirit Blockchain Capital announced the formal establishment of a new entity, SpiritReserve Group, and plans to raise up to $500 million in phases, aiming to create shareholder value through strategic investments in the digital asset sector. (Globe Newswire)

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