Deep Tide TechFlow news, on July 30, according to Cointelegraph, Twenty One Capital is planning to launch a dollar loan business backed by Bitcoin. The company currently holds approximately 43,500 Bitcoins, an increase of 1,500 from the original plan, worth about $5.13 billion at current prices. This includes approximately 5,800 Bitcoins recently purchased from Tether.
The company was established in April of this year and has received support from institutions such as Cantor Fitzgerald, Tether, Bitfinex, and SoftBank. The company plans to go public through a merger with Cantor Equity Partners' SPAC.
