Twenty One Capital Prepares NYSE Debut With 43,514 BTC Treasury
TLDR:
- Twenty One Capital lists on NYSE with 43,514 BTC, showing strong treasury positioning.
- Cantor Fitzgerald, Tether, and SoftBank back Twenty One, linking political and financial networks.
- Jack Mallers leads Twenty One, also CEO of Strike, reinforcing Bitcoin advocacy.
- NYSE listing highlights growing institutional interest in corporate Bitcoin accumulation strategies.
Twenty One Capital, a Bitcoin treasury company, is set to debut on the NYSE next week. The firm holds 43,514 BTC on its balance sheet, signaling a major institutional Bitcoin play.
Launched in April 2025, Twenty One focuses on accumulating Bitcoin through strategic partnerships. The company’s backers include Cantor Fitzgerald, Tether, SoftBank, Bitfinex, and Jack Mallers, highlighting significant political and corporate links.
Institutional Backers and Political Connections
Twenty One Capital is led by Jack Mallers, CEO of Strike, who has actively promoted Bitcoin adoption. Mallers recently disclosed JPMorgan closed his banking account, sparking reactions across the crypto community.
Cantor Fitzgerald, managed by the Lutnick family, oversees most of Tether’s U.S. Treasury holdings. Tether and Bitfinex share leadership connections, with Paolo Ardoino serving as Bitfinex CTO and Tether CEO.
Bo Hines, a former Trump administration official, heads USAT, a Tether-compliant U.S. stablecoin. SoftBank, a longstanding Trump supporter, pledged $100 billion for U.S. AI infrastructure in 2025.
The firm also collaborates on the “Stargate” venture with OpenAI and Oracle, reinforcing tech and political ties. Jack Mallers’ leadership and connections position Twenty One as a key player in U.S. Bitcoin strategy.
NYSE Listing and Strategic Implications
Twenty One Capital’s NYSE debut may signal the rise of institutional Bitcoin treasury companies. The firm’s balance sheet of over 43,000 BTC provides significant market leverage.
MicroStrategy, Mallers, and Twenty One could form a coalition favoring Bitcoin accumulation over traditional banking. This contrasts with JPMorgan and BlackRock, which are onboarding TradFi to public blockchains, including JPM Coin initiatives.
The ongoing development of the CLARITY Act may influence how these groups interact within U.S. crypto regulation. Twenty One’s combination of financial, political, and tech connections may shape future market participation.
Tether and Cantor Fitzgerald’s involvement underscores stablecoin integration into institutional Bitcoin strategies. NYSE listing provides wider visibility and potential market confidence in corporate Bitcoin treasuries.
The post Twenty One Capital Prepares NYSE Debut With 43,514 BTC Treasury appeared first on Blockonomi.
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