Tether acquires SoftBank's stake in Twenty One Capital
Svmuu News: Tether announced that it has acquired the shares of Twenty One Capital (XXI) held by SoftBank Group, further increasing its controlling stake in the company. Following the transaction, SoftBank's appointed board member at XXI has resigned in accordance with the shareholder agreement. Tether stated that this move reflects its strong and ongoing bullish view on XXI's long-term Bitcoin strategy, considering it one of the most significant opportunities to "build a publicly listed company from scratch around Bitcoin." Tether CEO Paolo Ardoino noted that SoftBank provided important institutional resources and strategic perspectives during the company's early development stage, while Tether's confidence in XXI has "further strengthened."
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Can a Police Report Be Filed After Bitcoin Theft? Analysis of Individual Recovery Possibilities
-
2
Ethereum (ETH) Buying Guide: Mainstream Exchanges and Acquisition Methods Explained
-
3
US DOJ charges two Robinhood engineers with front-running crypto listings on Hyperliquid, allegedly profiting over $50,000 each
-
4
DANA Coin: Ardana Project Token with Halted Development, Current Status and Investment Value Analysis
-
5
THALES Token: The Governance Token of Thales Protocol and Its Market Status
-
6
SK hynix in talks with Intel over potential US memory production agreement
-
7
CRI (Crypto International) Project Analysis and Market Status
-
8
SHANG Token: Shanghai Inu Analysis and Future Development Outlook
-
9
CINEMA Token Analysis: An Overview of Absolute Cinema and CinemaKoin Projects and Investment Considerations
-
10
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
Markets Today
Recommended Reading









