Twenty One Capital Becomes First Bitcoin-Native Public Company on NYSE

Deal Summary

Twenty One Capital, the first truly Bitcoin-native company backed by Tether, Bitfinex and SoftBank, debuted on the New York Stock Exchange after completing a SPAC merger with Cantor Equity Partners. Shares opened at $10.74, fell about 20% from the SPAC’s prior closing price, and settled at $11.42, marking a milestone for crypto-focused public markets.