The American firm of financial services Cantor Fitzgerald with more than 5,000 institutional clients has been associated with SoftBank, Tether and Bitfinex to launch a Bitcoin investment vehicle of $ 3 billion called Twenty One Capital.
This initiative, announced on April 23, 2025, aims to emulate Microstrategy’s strategy to celebrate Bitcoin substantial reserves.
Key Details of the Company
- Formation of twenty -one capital: The Consortium plans to establish twenty -one capital through an inverse fusion with Cantor Equity Partners, a special purpose acquisition company (SPAC) that raised $ 200 million in January. ​
- Bitcoin contributions: Tether $ 1.5 billion, SoftBank $ 900 million and Bitfinex $ 600 million.
- Additional financing: The company intends to raise additional $ 385 million through a convertible bonus and $ 200 million through a private capital placement to acquire more Bitcoin.
- Valuation metrics: Investments will become actions of Twenty One Capital at $ 10 per share, with Bitcoin valued at $ 85,000 per currency.
- Leadership: Jack Mallers, known for his work with the strike of the Bitcoin payment platform, will lead the new company.
Why does it matter? This movement represents one of the most substantial institutional commitments with Bitcoin to date. By forming an entity that quotes in the stock market focused on the accumulation of Bitcoin, the consortium provides traditional investors for a new way to obtain exposure to the cryptography market.
The strategy reflects that of Microstrategy, which has seen its market capitalization increase after adopting Bitcoin as a primary treasure asset. The Twenty One Capital approach could further legitimize Bitcoin’s role in corporate finances and potentially influence other institutions to consider similar strategies.
What they said:
- Twenty -one co -founder and CEO, Jack Mallers, mentioned that markets need reliable money to measure value and assign capital efficiently.
- “We believe that Bitcoin is the answer, and twenty -one is how we bring that response to public markets,” Jack added.
- “Our mission is simple: to become the most successful company in Bitcoin, the most valuable financial opportunity of our time. We are not here to overcome the market, we are here to build a new one. A public action, built by Bitcoiners, for Bitcoiners.”
“Bitcoin is one of the only truly decentralized, immutable and resistant active assets,” said the CEO of Tether, Paolo Ardoino. “Its role as the basis of a new financial system is inevitable.”
Market implications
The announcement has already had a tangible impact on the market. The actions of Cantor Equity Partners today increased 54.8% to close at $ 16.44. In addition, the substantial purchases of the company’s bitcoins could influence market dynamics, which can affect Bitcoin’s price and volatility. The participation of the main players such as Softbank and Tether also underlines a growing institutional interest in cryptocurrency assets.
The initiative is aligned with a broader change in the United States politics towards a more friendly position with cryptocurrency under the administration of President Donald Trump. This environment can facilitate the growth of similar companies and promote greater institutional participation in the cryptocurrency market.
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