Cantor Teams Up with SoftBank, Tether & Bitfinex for $3B Crypto Power Play

Cantor Fitzgerald Leads Massive Crypto Venture with Industry Titans

In a bold move to capitalize on the crypto-friendly environment under President Donald Trump, Brandon Lutnick, chair of Cantor Fitzgerald, is spearheading a $3 billion crypto acquisition company. According to reports from the Financial Times, Lutnick is partnering with SoftBank, Tether, and Bitfinex to launch 21 Capital, a publicly listed firm designed to replicate the success of Michael Saylor’s Strategy.

The consortium plans to pool significant resources:

• Tether is contributing $1.5 billion in Bitcoin.

• SoftBank will inject $900 million.

• Bitfinex adds another $600 million.

• Cantor Equity Partners has already raised $200 million earlier this year.

To top it off, the venture aims to secure an additional $350 million via convertible bonds and $200 million through private equity placements, all earmarked for further Bitcoin acquisitions.

Bitcoin at the Core of 21 Capital’s Strategy

The plan is to convert the Bitcoin investments from Tether, Bitfinex, and SoftBank into 21 Capital shares, locking BTC’s value at $85,000 per coin. Shares will reportedly be priced at $10 each, offering a unique structure blending digital assets with traditional equity markets. While the final details are still under wraps, this move signals a significant shift toward institutionalizing crypto holdings through public market vehicles. The project reflects a growing trend where major financial players are betting big on Bitcoin as a strategic treasury asset.

Cantor Fitzgerald’s Deep Crypto Ties

Cantor Fitzgerald isn’t new to the crypto game. Since 2021, the firm has managed Tether’s $134 billion Treasury portfolio, primarily held in U.S. Treasury bills. It also holds a 5% stake in Tether and played a key advisory role in Tether’s $775 million investment in video platform Rumble last year.

In March, Cantor launched a $2 billion Bitcoin financing business, offering institutional investors lending solutions backed by crypto holdings. Custodians like Anchorage Digital and Copper were onboarded to manage collateral, further cementing Cantor’s footprint in digital finance. With over $5 billion in assets across 275 holdings, Cantor Fitzgerald is positioning itself as a heavyweight in both traditional finance and the crypto sector.

A Crypto Giant in the Making?

As Brandon Lutnick steps into the spotlight following his father Howard Lutnick’s move to U.S. Secretary of Commerce, the ambitious 21 Capital project underscores Cantor’s aggressive push into digital assets. With partners like Tether, Bitfinex, and SoftBank, this venture could redefine institutional crypto investment. While official announcements are pending, the sheer scale of this initiative highlights growing confidence in Bitcoin as a core financial asset—and showcases how Wall Street and crypto giants are merging forces in 2025.