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Forums › BTC, ETH & Macro Markets › Cantor Fitzgerald, Tether and Bitfinex to launch BTC Venture
Cantor Fitzgerald, Tether, Bitfinex & SoftBank are planning a $3B Bitcoin investment vehicle 💰 called 21 capital. Tether could contribute $1.5B, SoftBank $900M, & Bitfinex $600M.
The company 🏢 will raise funds to buy more BTC, aiming to offer investors stock market exposure to Bitcoin’s performance. This model has already raised 530,000 BTC ($36.4B).
Brandon Lutnick leads the project, aiming to position 21 capital for a crypto bull market under Trump. Participating firms may get equity based on BTC at $85K. Cantor Fitzgerald has previously advised Tether.🚀 A friendlier crypto stance is anticipated from the Trump administration. 👍
post url: https://altcoin.observer/cantor-fitzgerald-tether-and-bitfinex-to-launch-btc-venture/
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