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Cantor, Tether and Softbank Back 3B Bitco Fund amid the momentum of encryption in the Trump era

Bitcoin material code over the screen.

Cantor Fitzgerland joins Softbank, Tether and Bitfinex to launch an investment backed by Bitcoin worth $ 3 billion.

The new box, named 21 Capital, comes at a time when Bitcoin is trading near the highest historical and institutional appetite levels for encryption under the pro -profit Trump administration.

The structure is designed to reflect the prominent Microstrategy approach of bitcoin accumulation through corporate vehicles, a model that helped convert it into a company that focuses on encryption.

According to Financial timesThe fund will be supported by the direct Bitcoin contributions: it reaches $ 1.5 billion, Softbank with 900 million dollars, and BitFinex with $ 600 million.

These contributions will be converted into 21 capital shares at $ 10 each, with a bitcoin internal evaluation raised at 85,000 dollars per currency.

The goal is to create a trading vehicle for the public that allows investors to obtain Bitcoin’s exposure without owning the basic asset directly.

Collect donations through bonds and fairness

21 capital will be operated by Cantor Equity Partners, a special purpose purpose company that was collected earlier this year $ 200 million.

Besides Bitcoin’s contributions, the fund will make a 350 million dollar transfer bonds and collect another $ 200 million by setting private stocks.

These moves aim to expand bitcoin reserves for bitcoin and liquidity in the fund, providing them with flexibility to control property with the development of the encryption market.

This initiative is led by Brandon Lootnick, who became president of Kantor Fitzgerald after his father, Howard Lootnick, entered the Trump administration as Minister of Trade.

Under Brandon’s leadership, Cantor has increased her consulting services for encryption, including Tether’s investment of $ 775 million on the Rumble video platform.

Encryption optimism nourishes a new strategy

Bitcoin Prices Prices play a major role in the timing of this step.

The cryptocurrency has risen to $ 108,000 after Trump’s victory in November, and since then it fell to about 92,000 dollars.

Despite this volatility, market morale is still strong, especially among institutions that look forward to repeating the early successes that companies such as Microstrategy see.

The strategy of that company – which is both debts and fairness for bitcoin accumulation – is now working as a template. This helped in the level of the market value of Microstrategy to more than $ 9 billion.

It seems that 21 capital takes a similar path, as it has placed itself as a Bitcoin -based box, which is traveling in public markets and private financing sources.

The organizational risks are still

Despite enthusiasm, there are still risks associated with the entity concerned.

Tether and Bitfinex, owned by the same parent company, settled organizational investigations in the United States in 2021.

Although the Trump administration promised a lighter touch to overseeing encryption, these projects still attract attention from legislators and eclastic.

The final structure and launch of the 21 capital’s timetable remains in the flow.

The informed suggest that the deal can be announced within weeks, but be careful that the conditions may change or the project may completely collapse.

However, this step emphasizes how traditional financial players work with the original encoded companies to enter the area of ​​digital assets on a large scale.

Post Cantor, Tether and Softbank Back 3B Bitco Fund amid the encryption momentum dating back to the Trump era first appeared on Invezz

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