{"id":1156,"date":"2025-04-28T10:31:18","date_gmt":"2025-04-28T10:31:18","guid":{"rendered":"https:\/\/cryptoupdatesonline.com\/?p=1156"},"modified":"2025-04-28T10:31:20","modified_gmt":"2025-04-28T10:31:20","slug":"cantor-fitzgerald-softbank-and-tether-launch-3-6-billion-bitcoin-venture-twenty-one-capital","status":"publish","type":"post","link":"https:\/\/cryptoupdatesonline.com\/index.php\/2025\/04\/28\/cantor-fitzgerald-softbank-and-tether-launch-3-6-billion-bitcoin-venture-twenty-one-capital\/","title":{"rendered":"Cantor Fitzgerald, SoftBank, and Tether Launch $3.6 Billion Bitcoin Venture: Twenty One Capital"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p>In a landmark move that signals accelerating institutional adoption of cryptocurrencies, <strong>Cantor Fitzgerald<\/strong> has partnered with <strong>SoftBank<\/strong> and <strong>Tether<\/strong> to launch <strong>Twenty One Capital<\/strong> \u2014 a $3.6 billion Bitcoin acquisition venture. This bold initiative aims to replicate, and potentially surpass, the Bitcoin investment strategy pioneered by MicroStrategy, positioning Twenty One Capital as a major force in the digital asset landscape.<\/p>\n\n\n\n<p>Twenty One Capital will initially hold over <strong>42,000 bitcoins<\/strong>, making it the third-largest corporate holder of Bitcoin worldwide. The venture is being formed through a <strong>special purpose acquisition company (SPAC)<\/strong> merger with <strong>Cantor Equity Partners<\/strong>, sponsored by Cantor Fitzgerald. Tether and its sister company Bitfinex are providing a majority of the funding, while SoftBank will maintain a significant minority stake.<\/p>\n\n\n\n<p>Once finalized, Twenty One Capital plans to list publicly on the <strong>Nasdaq stock exchange<\/strong> under the ticker symbol &#8220;<strong>XXI<\/strong>.&#8221; The move reflects a broader trend of traditional financial giants seeking to integrate cryptocurrency exposure into their portfolios, while offering investors a new vehicle for accessing Bitcoin\u2019s potential upside.<\/p>\n\n\n\n<p><strong>Jack Mallers<\/strong>, the renowned founder and CEO of Strike \u2014 a leading Bitcoin payments company \u2014 has been named CEO of Twenty One Capital. Mallers has gained prominence for his work promoting Bitcoin adoption through Strike&#8217;s use of the Lightning Network, and he emphasized that his leadership of Twenty One Capital will build on, rather than replace, his existing efforts.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;This is not a shift in my commitment; it\u2019s an extension of it,&#8221;<\/em> Mallers stated.<\/p>\n<\/blockquote>\n\n\n\n<p>Mallers envisions Twenty One Capital as a &#8220;<strong>Bitcoin-native public company<\/strong>&#8221; with a singular mission: maximizing Bitcoin ownership per share. The firm will introduce innovative metrics such as <strong>Bitcoin Per Share (BPS)<\/strong> and <strong>Bitcoin Return Rate (BRR)<\/strong> to help investors track their exposure to Bitcoin&#8217;s performance more transparently.<\/p>\n\n\n\n<p>The initial capitalization of Twenty One Capital is substantial. <strong>Tether<\/strong> is expected to contribute Bitcoin valued at approximately <strong>$1.5 billion<\/strong>, while SoftBank has agreed to purchase around <strong>$891 million<\/strong> worth of Twenty One shares from Tether. Analysts suggest that if Twenty One Capital trades at a similar premium to Bitcoin-focused firms like <strong>MicroStrategy<\/strong>, early investors could see significant valuation gains.<\/p>\n\n\n\n<p>Beyond its initial Bitcoin reserves, Twenty One Capital plans to grow its holdings through innovative financial instruments, including <strong>convertible bonds<\/strong> and <strong>private equity placements<\/strong>. This strategy is designed to attract capital from investors seeking Bitcoin exposure through regulated equity markets rather than directly owning the cryptocurrency.<\/p>\n\n\n\n<p>The timing of this venture is strategic. <strong>Bitcoin recently surged past $94,000<\/strong>, driven by record inflows into newly launched spot Bitcoin ETFs. Institutional investors have poured nearly <strong>$1 billion<\/strong> into Bitcoin ETFs alone, signaling deepening mainstream acceptance of digital assets.<\/p>\n\n\n\n<p>Moreover, the establishment of Twenty One Capital coincides with a wave of renewed optimism for the crypto sector under the administration of <strong>President Donald Trump<\/strong>, whose policies are perceived as more favorable toward digital assets. In the first few months of 2025 alone, <strong>88 crypto-related deals<\/strong> worth a combined <strong>$8.2 billion<\/strong> have been announced \u2014 nearly triple the volume seen the previous year.<\/p>\n\n\n\n<p>Twenty One Capital is not just entering a hot market; it is helping shape the next phase of crypto\u2019s integration into traditional finance.<\/p>\n\n\n\n<p>As a collaboration between Cantor Fitzgerald, SoftBank, and Tether \u2014 three major players in their respective fields \u2014 Twenty One Capital is uniquely positioned to influence the future of institutional Bitcoin adoption.<\/p>\n\n\n\n<p>The venture\u2019s ambitious focus on Bitcoin-native financial performance metrics, combined with a clear strategy for growth and transparency, could serve as a blueprint for future crypto-public companies. Investors seeking efficient, regulated exposure to Bitcoin without the complexities of direct ownership may find Twenty One Capital an attractive proposition.<\/p>\n\n\n\n<p>Furthermore, Twenty One Capital\u2019s performance could have broader implications for the market. If successful, it may encourage other financial institutions to establish similar Bitcoin-centric investment vehicles, accelerating the maturation of crypto as a mainstream asset class.<\/p>\n\n\n\n<p>As institutional confidence in Bitcoin continues to grow, the launch of Twenty One Capital represents a defining moment \u2014 not just for Cantor Fitzgerald, SoftBank, and Tether, but for the broader evolution of cryptocurrencies as legitimate, investable financial assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a landmark move that signals accelerating institutional adoption of cryptocurrencies, Cantor Fitzgerald has partnered with SoftBank and Tether to launch Twenty One Capital \u2014 a $3.6 billion Bitcoin acquisition venture. This bold initiative aims to replicate, and potentially surpass, the Bitcoin investment strategy pioneered by MicroStrategy, positioning Twenty One Capital as a major force [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-1156","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/posts\/1156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/comments?post=1156"}],"version-history":[{"count":1,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions"}],"predecessor-version":[{"id":1158,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions\/1158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/media\/1157"}],"wp:attachment":[{"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/media?parent=1156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/categories?post=1156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoupdatesonline.com\/index.php\/wp-json\/wp\/v2\/tags?post=1156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}