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by: xpoolPosted on: June 2, 2025

Tether and Bitfinex Move Billions in Bitcoin to New Entity, Fueling Market Speculation

In a significant move involving over $2.7 billion in Bitcoin, Tether and Bitfinex transferred funds to Twenty One Capital, led by Jack Mallers, for the development of institutional-grade services. This transaction has raised questions about centralized control in the Bitcoin market and sparked speculation around potential public listing ambitions for the new platform.

Related posts:

  1. Bitcoin’s Bullish Cycle Might Continue: Tether Dominance Hints at Potential Upside
  2. Tether Transfers $2 Billion in Bitcoin to Twenty One Capital for Strategic Expansion
  3. Tether Invests $1.1 Billion in SoftBank’s Bitcoin Firm, Boosting Twenty One Capital
  4. Tether Advances Real Asset Economy with $2.7B BTC Transfer & Gold Token Launch
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