ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cantor-fitzgerald” target=”_blank”>Cantor Fitzgerald is launching a crypto venture with ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tether” target=”_blank”>Tether and Japanese technology investor ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/softbank-group” target=”_blank”>SoftBank Group to buy ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/bitcoin”>bitcoin, underscoring rising institutional adoption of the once-nascent asset class.
The deal, announced on Wednesday, with blank-check vehicle Cantor Equity Partners values the venture, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/twenty-one-capital” target=”_blank”>Twenty One Capital, at $3.6 billion.
It will deepen ties between the Wall Street brokerage – chaired by Brandon Lutnick, the son of the former Cantor boss and current U.S. commerce secretary – and Tether, the company behind the world’s largest…
