Twenty-One Capital, backed by Tether and SoftBank and led by Jack Mallers, is set to launch through a $3.6 billion SPAC merger with Cantor Equity Partners, aiming to create the first Bitcoin-native public company with over 42,000 Bitcoin at inception. Focused on maximizing Bitcoin ownership per share rather than fiat profits, Twenty One will offer investors direct Bitcoin exposure, develop Bitcoin-native financial products, and promote Bitcoin advocacy and education. The company’s structure, capital raise of $585 million, and strategic partnerships make it significant in accelerating Bitcoin adoption and innovation in public markets.
Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners