Cantor Fitzgerald, a leading global financial services firm, is partnering with SoftBank, Tether, and Bitfinex to build a Bitcoin acquisition vehicle. The new venture will be called 21 Capital and is expected to raise $3B worth of Bitcoin from its partners – $1.5M from Tether, $900M from SoftBank, and $600M from Bitfinex.
Twenty One, a Bitcoin-centric company, is being formed via SPAC merger with backing from Tether, Bitfinex, Cantor Fitzgerald, and SoftBank.
A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether (CRYPTO: USDT), Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin (CRYPTO: BTC)-focused venture. What Happened: Quoting sources familiar with the initiative, the Financial Times reported on Tuesday that the group aims to create a massive Bitcoin acquisition vehicle modeled after the playbook of Strategy (NASDAQ:MSTR), the tech firm-turned-Bitcoin heavyweight.
The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.
Kain Warwick, founder of Synthetix, announces new incentives to restore sUSD peg.
Cantor Fitzgerald is set to launch a $3 billion Bitcoin investment initiative in collaboration with SoftBank, Tether, and Bitfinex, according to a report by the Financial Times.
TL;DR Financing Powerhouse: Cantor Fitzgerald is spearheading a $3B crypto venture, backed by Tether ($1.5B), SoftBank Group ($900M), and Bitfinex ($600M), under the leadership of Brandon Lutnick. Public Listing Blueprint: The initiative, branded as 21 Capital, aims to become a publicly traded crypto acquisition company, converting partner investments into shares to invite broader investor participation.
A MicroStrategy-style Bitcoin play unites Cantor Fitzgerald's heir with Tether, SoftBank, and Bitfinex.
Brandon Lutnick, son of U.S. Commerce Secretary and Cantor Fitzgerald Chair Howard Lutnick, is spearheading a major bitcoin-backed investment initiative with the launch of a SPAC named Cantor Equity Partners. The venture is supported by crypto giants Tether, Bitfinex, and global investor SoftBank.
Cantor Fitzgerald is reportedly stepping into the Bitcoin investment arena with plans to launch a $3 billion digital asset venture, Financial Times reported on April 23. The initiative is backed by heavyweight partners, including stablecoin issuer Tether, SoftBank, and crypto platform Bitfinex.
Bitcoin Price has reclaimed the $90,000 level, marking a new wave of bullish sentiment across the crypto market. The surge comes amid renewed optimism about easing U.S.-China trade tensions and growing political acceptance of digital assets. Trump and Bessent Spark Investor Confidence U.S.
A consortium led by Brandon Lutnick's Cantor Equity Partners is preparing one of the most ambitious treasury-style bets on Bitcoin since MicroStrategy first turned its balance sheet into a proxy for the cryptocurrency market.
Cantor Fitzgerald is partnering with SoftBank, Tether, and Bitfinex to create a multibillion-dollar Bitcoin acquisition fund.
Cantor Fitzgerald is joining forces with SoftBank, Tether, and Bitfinex to launch a Bitcoin-backed investment vehicle worth $3 billion. The new fund, called 21 Capital, comes as Bitcoin trades near historic highs and institutional appetite for crypto exposure surges under the pro-crypto Trump administration.
Bloomberg analyst Balchunas disclosed that roughly 72 crypto ETFs were awaiting the U.S. SEC approval.
According to the latest reports from the Financial Times, Cantor Fitzgerald, a financial services company led by Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, is working with SoftBank, Tether, and Bitfinex to form a Bitcoin (BTC) investment vehicle with a scale of over $3 billion.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported.
Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor's company Strategy, the Financial Times reported on April 23, citing three people who have been briefed on the plan. Cantor Equity Partners raised $200 million in January for the new firm called 21 Capital.
Financial Times reports Cantor Fitzgerald, Softbank and Tether are putting the finishing touches on a $3 billion bitcoin acquisition vehicle aimed at harnessing the cryptocurrency's renewed vitality under the Trump administration. FT Sources Detail Trio's Push to Corner Bitcoin Spearheaded by Brandon Lutnick—son of U.S.
Cantor Fitzgerald is teaming up with crypto heavyweights Tether, Bitfinex, and SoftBank on a $3 billion Bitcoin investment vehicle. According to an Apr.
Cantor Fitzgerald is hurtling toward the launch of a $3 billion Bitcoin acquisition vehicle, garnering support from industry heavyweights. While the launch hangs in the balance, experts like Syncracy Capital co-founder Ryan Watkins are describing it as a MicroStrategy clone.
Cantor Fitzgerald is set to launch a multibillion-dollar Bitcoin fund with SoftBank, Tether and Bitfinex as institutional interest grows under Trump's pro-crypto stance. The post Cantor Fitzgerald to Launch $3B Bitcoin Investment Vehicle With Tether and SoftBank: Report appeared first on Cryptonews.
The initiative involves a new entity named 21 Capital, aiming to create a 'publicly listed alternative' to Michael Saylor's Strategy.
Brandon Lutnick, son of Howard Lutnick, will lead 21 Capital, a new SPAC aiming to capitalize on Bitcoin's growth.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of brokerage Cantor Fitzgerald, is partnering with SoftBank , Tether and Bitfinex to create a multibillion-dollar bitcoin acquisition vehicle, the Financial Times reported on Tuesday.
This venture could significantly boost institutional Bitcoin adoption, influencing market dynamics and regulatory landscapes globally. The post Cantor Fitzgerald to build $3B Bitcoin venture in partnership with SoftBank, Tether, and Bitfinex appeared first on Crypto Briefing.
CEO Paolo Ardoino of the largest stablecoin (USDT) issuer company, Tether, has revealed the next “unparalleled growth opportunity” in web3. In a recent X post, he called the ongoing growth in the development of stablecoin related infrastructure as the unprecedented growth opportunity” with the current total market cap of stablecoin market surpassing $234 billion.
Synthetix (SNX) price shot up 7% in the past 24 hours as founder Kain Warwick took a firm stance on the recent depegging of sUSD stablecoin.
USDC's supply has risen to just under $61 billion as of April 19, up from $44 billion at the start of the year.
USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
TL;DR Synthetix launched a new staking mechanism, the “sUSD 420 Pool,” offering SNX rewards to stabilize the price of its sUSD stablecoin. Founder Kain Warwick warned that pressure will be applied if participants don't respond to the voluntary incentive. The value of sUSD dropped to $0.68 in April but has partially recovered to $0.
Kain Warwick, the founder of the decentralized finance (DeFi) platform Synthetix, has urged SNX SNX token holders to take action to help restore the value of the project's stablecoin, sUSD.
USDT on TRON reached record supply after another 1B mint. For 2025, Tether added 10B tokens to the TRON network.
HTX, a leading global cryptocurrency exchange, has announced the launch of its Million USDT Airdrop Event, designed to give back to loyal users and welcome new participants. Running from 09:00 (UTC) on April 18 to 09:00 (UTC) on April 25, the campaign features over 1 million USDT in prizes across HTX's Spot, Futures, Margin, and Earn services.
Synthetix founder Kain Warwick has urged SNX stakers to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD. The post Synthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick' appeared first on Cryptonews.
Data shared by the analytics X account @lookonchain and also mirrored by Whale Alert blockchain tracker shows that approximately half an hour ago, Tether issued a massive stablecoin chunk containing 1,000,000,000 USDT.
The BNB Chain is the biggest carrier for USDT active wallets, offering small-scale transfers for trading and DEX swaps.
Tether Treasury mints 1B USDT on Tron; market impacts discussed.
As sUSD continues to trade below its intended $1 peg, Synthetix founder Kain Warwick has urged stakers to step up and help restore stability before more stringent measures are implemented.
Binance BNB Chain is quietly stealing the spotlight. Over the past month, it has become the number one choice for people using USDT (Tether), the world's most popular stablecoin. With nearly 12 million active wallets, BNB Chain has now taken the lead from other big players like TRON and Ethereum.
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don't take up a newly launched staking mechanism to help fix the protocol's ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.
Tether, the biggest stablecoin in the cryptocurrency industry, is ‘printing' money as its revenue soars. TokenTerminal data indicates that Tether (USDT) has generated $1.46 billion this year, a figure that is expected to surpass $1.
Tether doubles down on mining with Bitdeer and OCEAN, and invests in Fizen to improve digital payment accessibility and infrastructure.
Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.
Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.
The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.
Tether buys $32 million in Bitdeer shares, increasing its stake above 21% as Bitcoin miners struggle with falling prices and rising costs.
Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.