Tether USDt (USDT) is a cryptocurrency and operates on the Ethereum platform. Tether USDt has a current supply of 159,826,220,133.30724524 with 157,490,226,188.26879789 in circulation. The last known price of Tether USDt is 1.00029073 USD and is up 0.00 over the last 24 hours. It is currently trading on 134291 active market(s) with $36,682,438,965.42 traded over the last 24 hours. More information can be found at https://tether.to.
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Cantor Fitzgerald, a leading global financial services firm, is partnering with SoftBank, Tether, and Bitfinex to build a Bitcoin acquisition vehicle. The new venture will be called 21 Capital and is expected to raise $3B worth of Bitcoin from its partners – $1.5M from Tether, $900M from SoftBank, and $600M from Bitfinex.
A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether (CRYPTO: USDT), Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin (CRYPTO: BTC)-focused venture. What Happened: Quoting sources familiar with the initiative, the Financial Times reported on Tuesday that the group aims to create a massive Bitcoin acquisition vehicle modeled after the playbook of Strategy (NASDAQ:MSTR), the tech firm-turned-Bitcoin heavyweight.
TL;DR Financing Powerhouse: Cantor Fitzgerald is spearheading a $3B crypto venture, backed by Tether ($1.5B), SoftBank Group ($900M), and Bitfinex ($600M), under the leadership of Brandon Lutnick. Public Listing Blueprint: The initiative, branded as 21 Capital, aims to become a publicly traded crypto acquisition company, converting partner investments into shares to invite broader investor participation.