According to the Financial Times, Cantor Fitzgerald, in collaboration with Tether, Bitfinex, and SoftBank, plans to establish a new company called Capital 21 in the cryptocurrency sector. This project has successfully attracted a capital of $3 billion so far. In this initiative, Tether will invest $1.5 billion, SoftBank around $900 million, and Bitfinex $600 million. The goal of launching Capital 21 is to enter the stock market and focus on buying Bitcoin (BTC) to benefit from the positive environment created by Donald Trump’s support for the cryptocurrency industry. Capital 21 is also looking to raise $350 million through convertible bonds and another $200 million in private capital for further Bitcoin purchases. However, this plan is still in progress and its details might change. Cantor Fitzgerald has been managing Tether reserves since 2021 and previously participated as an advisor in a $775 million Tether investment in the Rumble platform. You can view the prices of all tokens and cryptocurrencies live on the real-time digital currency price page.
