Tether USDt (USDT) is a cryptocurrency and operates on the Ethereum platform. Tether USDt has a current supply of 153,507,444,343.29400924 with 150,339,866,741.31576889 in circulation. The last known price of Tether USDt is 0.99997347 USD and is down -0.02 over the last 24 hours. It is currently trading on 127776 active market(s) with $87,446,199,800.62 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.