Cantor Fitzgerald, alongside partners like SoftBank, Tether, and Bitfinex, is launching a $3 billion Bitcoin acquisition platform called 21 Capital. This initiative aims to improve Bitcoin accessibility for institutional investors through pooled resources.
With significant contributions from Tether ($1.5 billion), SoftBank ($900 million), and Bitfinex ($600 million), 21 Capital is poised to transform institutional involvement in cryptocurrencies.
Market reactions are mixed, with some optimistic about the venture's potential to accelerate Bitcoin adoption, while others await more information. The initiative highlights the growing trend of institutional reliance on digital assets.
Full story here: https://coincu.com/333761-cantor-fitzgerald-bitcoin-acquisition-platform
