Cantor Fitzgerald Invests $3.6 Billion in Bitcoin with Tether and SoftBank

Investment firm Cantor Fitzgerald has teamed up with Tether and Softbank Group to launch a $3.6 billion venture focused on Bitcoin. This initiative, named Twenty One Capital, aims to capitalize on increased demand for Bitcoin amidst the potential for a second Trump presidency. The venture will be formed through a merger of Cantor’s Special Purpose Acquisition Company (SPAC), Cantor Equity Partners, and a newly established entity. Once operational, Twenty One Capital is expected to hold over 42,000 bitcoins, positioning it as the third-largest Bitcoin treasury globally based on current market valuations.