Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners
Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners
04/23/25, 9:25 PM
Industry
cryptocurrency
lending
blockchain
fintech
finance
financial services
Type
partnership
Twenty One Capital, Inc. has entered into a definitive agreement for a business combination with Cantor Equity Partners, Inc. to create a Bitcoin-native company. Tether and Bitfinex will be majority-owned, with significant minority ownership by SoftBank Group Corp
Company Info
Additional Info
Twenty One Capital is a Bitcoin-focused company that plans to grow its holdings of Bitcoin while creating financial products built on the cryptocurrency. Backed by Tether and SoftBank, it aims to be a leader in the Bitcoin space. It is set to go public through a merger with a SPAC.