SoftBank-backed Twenty One to begin trading on NYSE today with over 43,500 Bitcoin

Twenty One Capital, a Bitcoin-centric venture supported by SoftBank Group and Bitfinex, is set to commence trading on the New York Stock Exchange (NYSE) under the ticker “XXI” following its business combination with Cantor Equity Partners Inc. Led by Jack Mallers, the company currently holds more than 43,500 BTC, valued at $3.9 billion, making it the third-largest corporate holder of Bitcoin. Twenty One aims to develop Bitcoin-native financial products, including on-chain lending models and capital-market products, to accelerate Bitcoin's role in global finance. CEO Jack Merchants stated the NYSE listing is intended to give Bitcoin the prominence it deserves in global markets. This listing occurs despite a recent downturn in the stock values of US and Canadian digital asset treasury companies.

(Source：Crypto Briefing)