Crypto

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

2025/04/24CoinPost
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.13

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.