Cantor Fitzgerald Partners with SoftBank, Tether, and Bitfinex for $3 Billion Bitcoin Venture
According to reports, Cantor Fitzgerald is forming 21 Capital, a $3 billion Bitcoin acquisition vehicle, in collaboration with SoftBank, Tether, and B
According to reports, Cantor Fitzgerald is forming 21 Capital, a $3 billion Bitcoin acquisition vehicle, in collaboration with SoftBank, Tether, and Bitfinex. Bitfinex, SoftBank, and Tether will each donate $600 million, $1.5 billion, and $900 million. Under US President Donald Trumps procrypto policies, the effort seeks to leverage Bitcoins market potential. With Bitcoin at $85,000 per coin, the business intends to acquire more money through private equity placements and convertible bonds. Details may yet change, even though the agreement is anticipated to be revealed soon.
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B2B Tech News | 2 months ago