Cantor Fitzgerald Teams Up with SoftBank, Tether & Bitfinex to Unleash $3 Billion Bitcoin Mega Fund!
Jakarta, Pintu News – The crypto market is back in the spotlight with a major move by Cantor Fitzgerald alongside industry partners such as SoftBank, Tether (USDT), and Bitfinex.
They are preparing to launch a $3 billion Bitcoin (BTC) investment vehicle, which promises to have a significant impact on market dynamics.
Strategic Collaboration between Cantor Fitzgerald, SoftBank, Tether, and Bitfinex
Cantor Fitzgerald, a company known for its financial innovation, is now partnering with SoftBank, Tether (USDT), and Bitfinex in a major venture. They plan to establish a new firm called 21 Capital, which will be the center of this massive Bitcoin (BTC) transaction.
Read also: Bitcoin Soars to $93,000 — Michael Saylor Predicts Insane $10 Million Price Target!
With its strong capital backing, 21 Capital is expected to become a key player in the global crypto market. This partnership not only marks Cantor’s expansion in digital assets, but also shows the high confidence of investors in the potential of Bitcoin (BTC).
The move comes amid volatile market conditions, but is full of significant growth opportunities.
Bitcoin Acquisition Strategy
Following in the footsteps of MicroStrategy, now known as Strategy, Cantor Fitzgerald has ambitions to collect large amounts of Bitcoin (BTC).
With seed capital raised through its newly formed SPAC, Cantor Equity Partners, the firm plans to raise additional funds through a $350 million convertible bond and a $200 million private equity placement.
The purpose of this fundraising is to expand Bitcoin (BTC) holdings that will be integrated into 21 Capital shares. With this strategy, Cantor hopes to capitalize on market momentum and significantly increase the value of their investment.
Market Reaction and Implications
This announcement has received a positive reaction from the market, with the price of Bitcoin (BTC) reaching a two-week peak of $93,000. However, there are concerns that this price increase may not be sustainable and could fall back to the $80,000 range.
Read also: AI and Web3 Revolution: Aethir Introduces “AI Unbundled” Alliance
Nonetheless, this move is seen as a strong indication of the market’s optimism towards the future of Bitcoin (BTC). Moreover, this decision is also in line with the pro-crypto policy adopted by the Trump administration, which has ordered the establishment of the Strategic Bitcoin Reserve.
The move is expected to bring more regulatory clarity and encourage innovation in the crypto industry.
Overall, with this major move, Cantor Fitzgerald and its partners are setting a new standard in crypto asset investment.
This $3 billion Bitcoin (BTC) investment vehicle not only shows the market’s confidence in the long-term value of Bitcoin (BTC), but also the growth potential that is still to be explored.
That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.
Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.
Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. Cantor Partners with Tether, SoftBank, Bitfinex for $3 Billion Bitcoin Bet. Accessed on April 24, 2025
- Crypto Briefing. Bitcoin Investment Venture Partnership. Accessed on April 24, 2025
- Crypto News. Cantor Fitzgerald Partners with SoftBank, Tether, and Bitfinex on a New $3B Bitcoin Venture. Accessed on April 24, 2025
Latest News
© 2025 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). The trading of crypto asset futures contracts is carried out by PT Porto Komoditi Berjangka, a licensed and regulated Futures Broker supervised by BAPPEBTI, and a member of CFX and KKI. Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja and PT Porto Komoditi Berjangka do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.
