New Company, Old Bitcoin 💰

Stablecoin issuer Tether, crypto exchange Bitfinex, and Wall Street giants SoftBank and Cantor Fitzgerald have launched Twenty One, a publicly traded company with plans to acquire more than $3.9 billion worth of BTC.

Author

Stacy Elliott
April 23, 2025

📝 What you need to know

What’s old Bitcoin is now a new publicly traded BTC treasury company.

Tether and Bitfinex will be the majority owners of Twenty One, a new company the firms have launched with traditional finance stalwarts Cantor Fitzgerald and SoftBank.

Jack Mallers, founder and CEO of Strike parent company Zap, has been appointed as CEO of Twenty One.

The company will go public by merging with Cantor Equity Partners, which already trades on the Nasdaq under the CEP ticker. But when the company does begin trading, it’ll be under a new ticker: XXI.

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