Twenty One Capital Announced event
Overview
A new bitcoin-focused entity, Twenty One Capital, was unveiled on April 23, 2025, following a merger with Cantor Equity Partners, a special-purpose acquisition company backed by a Cantor Fitzgerald affiliate. The firm received bitcoin from Tether, Bitfinex, and SoftBank Group in return for shares valued at $10 each, with Jack Mallers, the Strike founder, taking on the roles of co-founder and chief executive. At its inception, the company was set to hold over 42,000 BTC, aiming to prioritise "Bitcoin Ownership Per Share," and the deal represented a pro-forma enterprise value of roughly $3.6 billion, calculated using a bitcoin price of $84,863.57 on April 21, 2025. Upon completion, Tether and Bitfinex held a majority stake, with SoftBank owning a notable minority interest, and the firm planned to list under the ticker XXI.
Within The Counterparty graph, Twenty One Capital Announced connects to 1 tracked entity, most strongly to Twenty One Capital, Inc..
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | Twenty One Capital, Inc. | 95% |
Frequently asked questions
What is Twenty One Capital Announced?
Twenty One Capital Announced is an event tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Twenty One Capital, Inc..
What type of entity is Twenty One Capital Announced?
Twenty One Capital Announced is classified as an event (event) in The Counterparty knowledge graph.
What is Twenty One Capital Announced connected to?
In The Counterparty knowledge graph, Twenty One Capital Announced is linked to 1 other tracked entity, most strongly to Twenty One Capital, Inc..
Sources
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