Twenty One Capital eyes Tuesday debut following Cantor Equity Partners merger

Bitcoin Treasury Twenty One Capital is set to begin trading on the New York Stock Exchange next week, backed by a substantial $4 billion Bitcoin treasury. This move marks a significant milestone for the company as it transitions to a publicly traded entity, following a successful merger with Cantor Equity Partners.

Shareholders at CEP's Extraordinary General Meeting have approved the merger with Twenty One Capital, which is backed by significant investments from Tether and SoftBank, positioning the firm to hold 42,000 BTC and prepare for its public debut on Nasdaq.

Bitcoin-focused firm Twenty One is set to go public on the New York Stock Exchange (NYSE) on December 9, marking a significant milestone for the company as it transitions to a publicly traded entity.

Bitcoin treasury companies have significantly increased their holdings, now controlling approximately 5% of the total Bitcoin supply, with Strategy leading the way by holding 650,000 BTC. Despite market fluctuations, these companies, including Metaplanet and MARA, continue to accumulate Bitcoin, indicating a strong belief in its long-term value.

Paul Atkins, speaking at the NYSE, announced that the SEC is expected to introduce an innovation exemption for cryptocurrency projects within a month, asserting that the agency possesses sufficient authority to advance regulatory frameworks for digital assets by 2026.