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SoftBank-backed 21 Capital to be established as world's third largest cryptocurrency with 42,000 Bitcoins

2025/04/24 09:04 (Updated 2025/05/10 06:03)
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Written by Lewis Kikutani
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SoftBank-backed 21 Capital to be established as world's third largest cryptocurrency with 42,000 Bitcoins

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On the 23rd, a new bitcoin investment company, Twenty One Capital, Inc. (21 Capital), announced that it has reached a definitive agreement to merge with special purpose acquisition company (SPAC) Cantor Equity Partners, Inc. (Cantor Equity Partners). The company is backed by SoftBank Group and Tether and is expected to start operations with over 42,000 bitcoins (BTC), making it the third largest bitcoin holder in the world at present.

21 Capital is majority owned by Tether and Bitfinex, with SoftBank Group holding a significant minority stake...

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.