Hey crypto fam!
Cantor Fitzgerald, one of the most powerful names in finance, is diving headfirst into crypto — and they’re not doing it alone. They’re teaming up with Tether, SoftBank, and Bitfinex to launch a brand-new crypto powerhouse called 21 Capital. Yep, this thing is real, and it’s bringing a whopping $3 billion in Bitcoin to the table. 😳
Let’s break it down 👇
Who’s Involved?
Brandon Lutnick — The man behind the move. He’s the son of Howard Lutnick (who recently stepped down as CEO of Cantor to join Trump’s cabinet) and is now the chairman of Cantor Fitzgerald.
Tether — The issuer of USDT, the world’s largest stablecoin, is putting big skin in the game.
SoftBank — The Japanese tech giant known for massive investments (like Uber, WeWork, and more).
Bitfinex — A major crypto exchange with deep liquidity and a long history in the market.
What’s the Plan?
The new firm is called 21 Capital, and it’s being built under Cantor Equity Partners (Cantor’s investment arm). According to Financial Times, this new venture will receive:
💸 $1.5 billion in Bitcoin from Tether
💸 $900 million from SoftBank
💸 $600 million from Bitfinex
All in Bitcoin. That’s $3 billion total. 😲
Their goal? Build a major Bitcoin investment vehicle — something like a supercharged asset manager or holding company focused solely on the world’s biggest cryptocurrency.
Why Now?
Crypto is heating up again, and with a potential pro-crypto U.S. president (Donald Trump) in the spotlight, the timing makes sense.
Howard Lutnick, Brandon’s father and former Cantor CEO, is now part of Trump’s commerce team. Trump has openly said he wants to be “the crypto president,” supporting innovation in digital assets and boosting the U.S. dollar’s dominance through smart crypto moves.
So, this new firm could be a step toward merging Wall Street power with crypto innovation. 🔥
But Wait… Is It 100% Confirmed? 🤔
Not quite. The Financial Times says the deal could still change or even fall apart before the official announcement (expected in the next few weeks). The numbers might also shift depending on how the partners finalize the details.
Still, the fact that these major names are even in talks shows how serious traditional finance is getting about crypto.
What Does This Mean for Crypto?
More institutional adoption — When big firms like Cantor and SoftBank start stacking Bitcoin, smaller investors start paying attention.
Price movement potential — $3 billion in BTC being moved or bought is no small thing. It could impact the market.
Mainstream confidence — With political figures and Wall Street both warming up to crypto, the industry is looking more legit by the day.
Final Thoughts 💭
This isn’t just another crypto startup. This is a Wall Street-backed, big money, high-level project that could bring new energy and trust into Bitcoin.
Whether you’re a Bitcoin believer or just watching the show, keep an eye on 21 Capital. If it takes off, it could become a blueprint for how traditional finance joins the crypto revolution.
Until then, stack smart, stay curious, and keep riding the blockchain wave. 🌊💹
