On March 23, #加密市场反弹 4, according to the Financial Times, Brandon Lutnick, the son of U.S. Secretary of Commerce Howard Lutnick and chairman of brokerage Cantor Fitzgerald, is collaborating with SoftBank Group, Tether, and Bitfinex trading platform to establish a Bitcoin investment fund.

The fund is named "Cantor Equity Partners" and aims to raise $3 billion in Bitcoin through the newly established 21 Capital company. Among them, Tether plans to invest $1.5 billion, while SoftBank Group and Bitfinex will respectively contribute $900 million and $600 million.

The Financial Times revealed that the project is expected to be officially announced in the coming weeks. However, the transaction has not yet been finalized, and specific details may still be subject to change.