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The Lutnicks’ Cantor Fitzgerald, Tether And SoftBank Team Up On A $3.6 Billion Bitcoin Venture To Rival MicroStrategy
Not long after President Trump established a strategic bitcoin reserve and pledged to make the U.S. the “crypto capital of the world”, a new corporate bitcoin entity, backed by the investment firm his commerce secretary built,
Cantor joins hand with SoftBank, Tether for $3.6 billion crypto venture
(Reuters) - Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, underscoring rising institutional adoption of the once-nascent asset class. The deal, announced on Wednesday, with blank-check vehicle Cantor Equity Partners values the venture, Twenty-One Capital, at $3.6 billion.
Cantor Fitzgerald, SoftBank, Tether, and Bitfinex have joined hands to launch a public Bitcoin company with the ...
Cantor Fitzgerald LP, Tether Holdings Ltd. and SoftBank Group are in talks to form a $3 billion vehicle that would absorb ...
Twenty One, a Bitcoin-centric company, is being formed via SPAC merger with backing from Tether, Bitfinex, Cantor Fitzgerald, ...
At the closing of the Business Combination, Twenty One will be majority-owned by Tether, co-founder of Twenty One and the world's largest stablecoin issuer, and Bitfinex, with significant minority ...
SoftBank Group is investing heavily in a cluster of AI companies. There are concerns around the reliance on debt and ...
OpenAI and SoftBank Group want to expand the presence of their $500 billion US project to build AI infrastructure to ...
Originally founded in 1986 and acquired by SoftBank in 2005, IDC Frontier operates data centers across the Tokyo metropolitan ...
Stargate, a $500B U.S. datacenter project spearheaded by SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) and OpenAI, is mulling a ...
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