Cantor Fitzgerald is reportedly pursuing a $3 billion cryptocurrency venture, aiming to capitalize on the growing digital asset market. Spearheaded by Brandon Lutnick, the initiative, named 21 Capital, seeks to manage substantial cryptocurrency holdings. According to sources cited by the Financial Times, Tether is expected to contribute $1.5 billion, while SoftBank and Bitfinex are slated to invest $900 million and $600 million in Bitcoin, respectively. The venture has already secured an initial $200 million in funding. Inspired by the success of Strategy, 21 Capital aims to actively manage its partners' cryptocurrency assets. Lutnick's team plans to further bolster their Bitcoin holdings through a $200 million private equity investment and a $350 million convertible bond. Cantor Fitzgerald is also reportedly preparing additional SPACs beyond this venture. While details remain scarce, this potential collaboration highlights the increasing interest from established financial institutions in the cryptocurrency space. As of now, Cantor Fitzgerald, SoftBank, Tether, and Bitfinex have remained silent on the matter. ```

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