"Investment Tycoon" Masayoshi Son is set to make a significant bet in the cryptocurrency industry after heavily investing in AI. His SoftBank Group is likely to collaborate with Cantor Fitzgerald, a company closely tied to the U.S. government, along with Tether, the largest stablecoin issuer, to establish a cryptocurrency joint venture with a total scale of up to $3 billion.
Overall, this collaboration plan with Cantor, Tether, and SoftBank is seen as another major bet by SoftBank in the Bitcoin market, leveraging a structured framework to mitigate risks. The joint cryptocurrency venture among the three not only boasts an impressive scale but also deeply integrates stablecoins, Bitcoin assets, policy influence, and institutional custody in its strategic approach.
More importantly, under the backdrop of the Trump administration promoting a "Bitcoin Strategic Reserve" and building a more lenient regulatory environment for cryptocurrencies, Cantor, Tether, and SoftBank may be able to align with macro policies, paving the way for traditional finance to fully embrace cryptocurrencies with more referenceable pathways.
