21 Capital, owned by the son of the U.S. Secretary of Commerce, raises $3 billion to establish a Bitcoin investment fund in partnership with SoftBank, Tether and Bitfinex

Mars Finance News, on April 23, according to the Financial Times, Howard Lutnick's son, Brandon Lutnick, chairman of the brokerage Cantor Fitzgerald, is collaborating with SoftBank Group, Tether, and the Bitfinex trading platform to establish a Bitcoin investment fund. The fund, named "Cantor Equity Partners", plans to raise $3 billion in Bitcoin through the newly established 21 Capital company. Among this, Tether is set to invest $1.5 billion, while SoftBank Group and Bitfinex will contribute $900 million and $600 million respectively. The Financial Times revealed that the project is expected to be officially announced in the coming weeks. However, the transaction has not been finalized yet, and specific details may still be subject to change.