A bold new chapter has begun for institutional password investment. Wall Street’s Titans, Cantor Fitzgerald, combine with tethers and Japanese technology soft banks (TYO: 9984) to start a $ 3.6 billion encryption venture.
The new venture called Twenty One Capital is listed on the NASDAQ under the price (NASDAQ: XXI). We are ready to be the third largest company owner of Bitcoin worldwide, and more than 42,000 BTCs will already be released.
Institutional encryption investment reaches milestones.
For many years, Crypto lived on the edge of the financial system. But this new venture suggests that the assistant is converting to the institutional password investment.
Participation in the Cantor Fitzgerald, especially the Special-Purpose Acquisition Company (SPAC) and the Cantor Equity Partners (NASDAQ: CEP.O) indicates a strong Wall Street trust in Bitcoin’s long-term value. And cooperation with Tether, the world’s largest issuer, creates a powerful alliance to reconstruct the encryption investment environment with Softbank’s minority investment.
21 CEOs, Jack Mallers, simply says. “We are not here to overcome the market. We are here to build new things.”
Strategic Bitcoin Treasury
Unlike many companies that carefully add digital assets to the balance table, TWenty One Capital is in progress. With additional contributions of Bitfinex ($ 600 million) and SoftBank ($ 900 million), Bitcoin donates more than $ 1.6 billion, bringing a page from Playbook used by Microstrategy (NASDAQ: MSTR).
Microstrategy currently has more than 538,000 bitcoins, especially in 2024, as the institutional demand for encryption has soared due to pro -crypto political investigations during the US presidential election. Similarly, 21 capital is expected to be a means of Bitcoin -centered growth with the basis of hedge and new financial infrastructure for economic uncertainty.
Bitcoin, which is currently trading more than $ 94,000, has risen more than 40% over the last six months. Retail investors have led a lot of momentum for the past decade, but the current rally is led by the institution, analysts said.
Matt Mena, a strategist of 21Shares of Crypto Investment Form, explains: “Differentiating this rally is a macro hedge that increases the confidence in Bitcoin’s functions, and more investors are converted to flight to safety to increase uncertainty in traditional markets as well as speculative assets. there is.”
This story is directly performed in the goal of Cantor’s new venture. Due to macroeconomic issues such as inflation, designated instability and the devaluation of monetary currency evaluation, institutional cryptocurrency investments are no longer alternatives, not alternatives.
Tether-Canter Nexus
The contract also reflects the light of the long relationship between the Cantor Fitzgerald and the tether. According to Paolo Ardoino, CEO of Tether, 99%of Tether’s US Treasury bills, used to support USDT Stablecoin, will be held with Cantor. That deep trust is now expanding to this ambitious new venture.
Ardoino said, “Bitcoin is truly distributed, immutable and one of censorship prevention assets.” The role of the new financial system is inevitable. “
The formation of twenty -one capital can express the beginning of the new financial system. One can be led by a established financial house that accepts institutional encryption investment as well as technology vision as well as technology vision.
Final thought
Twenty One Capital is more than a bold bet for Bitcoin. It is a clear sign that the agency’s password investment is in a new stage. Ventures are unique to the fiscal way of how traditional financing approaches the encryption by supporting the Cantor Fitzgerald, Tether, BitfineX and Softbank.
Successful will not be another encryption company of NASDAQ, but a blueprint for future digital asset investment.
Main image: FreePik
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