Cantor Fitzgerald Launches Bitcoin Acquisition Vehicle with SoftBank, Tether, and Bitfinex

Cantor Fitzgerald, a leading global financial services firm, is partnering with SoftBank, Tether, and Bitfinex to build a Bitcoin acquisition vehicle.

Cantor Fitzgerald, a leading global financial services firm, is partnering with SoftBank, Tether, and Bitfinex to create an Bitcoin acquisition vehicle. The new venture, 21 Capital, will be funded by a $3B investment from its partners – $1.5B from Tether, $900M from SoftBank, and $600M from Bitfinex.

21 Capital is expected to invest the funds in Bitcoin at a price of $85K per coin. This values 21 Capital shares at $10, which will be used to convert the contributions of Cantor’s partners.

The stellar performance of MicroStrategy, which saw its market cap surge to $91B after shifting its strategy to invest in Bitcoin, is likely motivating this move by several firms to invest in cryptocurrencies in 2024.

This deal is still in its early stages and there has been no official announcement yet. It’s quite possible that the arrangement falls through or the terms change for the final deal.

It’s also worth noting that this isn’t the first time Cantor has forayed into crypto. In November 2024, after the appointment of Trump as the president, plans emerged about a Bitcoin lending program with Tether that would allow people to borrow money with Bitcoin as collateral.

After Howard Lutnick, the prior CEO of Cantor, stepped down to join Trump’s Commerce Department, the firm is now being headed by Brandon and Kyle Lutnick (his sons) as Chairman and Executive VC.

The credit for a shift towards a more pro-crypto mindset goes to the ‘crypto president,’ who has promised to make crypto mainstream in the US through positive regulations.

Bitcoin Hits New 7-Week High

For the first time since March 2, 2025, Bitcoin breached the $93K level after it rose by more than 6.8% on Tuesday, April 22.

The king crypto jumped 1.56% within just one minute during this rally, from $91,969 to $93,405.

Michael Sullivan, a Bitcoin analyst, said, ‘This is the craziest one-minute candle I’ve ever seen on the Bitcoin chart.’ Just a day earlier, more than $381.3M inflow was seen in the 11 US spot Bitcoin ETFs as well. Another analyst, ‘Ted,’ believes that Bitcoin will eventually catch up with gold, which hit fresh lifetime highs only a few days ago.

This comes after Trump said that the tariffs on China will eventually come down significantly and that he won’t be removing Powell, the US Federal Reserve Chair.

With institutional momentum building – and Bitcoin hitting new highs on the back of deals like Cantor’s 21 Capital – the stage is set for another full-scale bull run. And while Bitcoin might be the headliner, it’s often the altcoins riding its wave that deliver the biggest returns.

That’s why now is the time to explore three of the best low-cap coins you can buy today if you’re looking to ride the next phase of Bitcoin’s rally.

1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy to Ride $BTC’s Growth

If you’re looking for a meme coin that can mimic (and even surpass) Bitcoin’s growth trajectory without requiring a huge upfront investment, BTC Bull Token ($BTCBULL) is the best crypto to buy now. Especially as $BTCBULL is the ONLY crypto that airdrops free Bitcoin to its token holders.

Moreover, because these airdrops will be taking place every time Bitcoin smashes through a new milestone (like $150K, $200K, and $250K), we can expect BTC Bull Token to follow Bitcoin’s coattails.

What’s more, the project’s developers have planned to follow a deflationary approach, which will further push $BTCBULL’s price. Essentially, a part of the total $BTCBULL supply will be wiped off every time Bitcoin climbs up by another $25K in price. This creates artificial scarcity for the token, which, combined with rising $BTC prices, could inflate $BTCBULL’s demand – and lastly, its price.

To better understand BTC Bull Token’s potential, take a look at our $BTCBULL price prediction. It suggests that the token could explode by nearly 400% and reach $0.0096 by 2026.

Don’t miss out on Bitcoin’s biggest cheerleader and buy $BTCBULL today! Even better, each token is priced at just $0.002475, seeing as the project is in presale (where it has already raised nearly $5M).

2. Solaxy ($SOLX) – Top New Altcoin