How ReserveOne Plans to Shake Up the Crowded DAT Market | Jaime Leverton

In this episode of Talking Tokens, Jacquelyn Melinek speaks with Jaime Leverton, CEO of ReserveOne, about building a publicly-traded diversified digital asset reserve inspired by the U.S. Bitcoin Reserve and Digital Asset Stockpile. Jaime explains why she left traditional tech and her role as CEO of Hut 8 to build ReserveOne from the ground up, how the company's 80% Bitcoin and 20% alternative assets strategy differs from single-asset treasury models, and why bridging crypto jargon to traditional finance language is critical for institutional adoption.She walks through why Bitcoin's historical four-year cycle may have ended, what 2025's surprising sideways price action tells us about 2026, and why ReserveOne raised $1 billion through a SPAC merger. The conversation covers regulatory tailwinds, institutional maturation, breaking crypto's echo chamber, Figure's real-world use cases, truth and provenance in the AI era, and why the next generation expects financial systems as fast as Roblox.TIMESTAMPS(00:00) Intro (01:07) How Jaime got into crypto through Bitcoin miners flooding data centers in 2017 (03:07) Taking over Hut 8 as CEO during the Covid liquidity crash (03:51) What drew Jaime to ReserveOne and building something from the ground up (06:06) It’s big list of board members: Wilbur Ross, Sebastian Bea, Gabriel Abed, John D'Agostino, Reeve Collins (07:23) Bridging crypto jargon to make digital assets accessible to traditional investors (09:03) When ReserveOne plans to launch and current SEC filing status (10:02) How ReserveOne differs from single-asset passive treasury companies (11:04) 80% Bitcoin 20% alternative assets inspired by the U.S. Digital Asset Stockpile (13:20) How digital asset treasuries evolved (17:04) What sophisticated investors understand now vs a few years ago (18:36) Misconceptions around Bitcoin (19:04) How the 2025 market surprised everyone and broke the four-year cycle (21:13) Why IBIT was the top performing ETF, yet had negative returns (23:31) Bitcoin's unique finite supply: only 1 million Bitcoin left until 2140 (25:05) What really matters in public markets: trust and transparency (28:30) Why diversification is increasingly important given global volatility (29:01) The crypto IPO boom and clearing the 2021-2024 backlog (31:11) Crypto entering a more mature institutional era vs the ICO Wild West (33:04) Figure solving real-world problems onchain as the most exciting use case (34:26) What the industry looks like in 5-10 years: eradicating analog financial systems (35:29) Why the next generation expects speed and efficiency like Roblox (37:10) Following Clarity Act progress and sovereign nation Bitcoin strategies (38:13) Truth and provenance: solving for what's real in the AI era (40:23) Final advice: stay humble curious and surround yourself with different views ESSENTIALSYou can subscribe to the podcast on Spotify, Apple or YouTube.If you enjoy the show, please leave a review — it really helps.Spotify: https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZApple Podcasts: https://podcasts.apple.com/us/podcast/talking-tokens/id1743669141Follow us on XJacquelyn: https://twitter.com/jacqmelinekTalking Tokens: https://twitter.com/_TalkingTokensFollow us on Instagramhttps://www.instagram.com/_talkingtokens/Note: This podcast is for informational purposes only. Views shared are opinions, not financial advice. The host or guests may have financial interests in discussed content.