Cantor Fitzgerald has partnered with SoftBank, Tether, and Bitfinex to launch a $3 billion Bitcoin acquisition fund, signaling a surge in institutional interest in crypto. This venture, announced today, aims to reshape Bitcoin’s role in mainstream finance, sparking global attention.
Bitcoin Attracts $3B Investment
Cantor Fitzgerald, a leading Wall Street firm, revealed plans to create 21 Capital, a new entity designed to acquire $3 billion in Bitcoin, mirroring Strategy’s crypto investment approach. The initiative, led by Brandon Lutnick, leverages Cantor Equity Partners, which raised $200 million in January. Tether, the stablecoin giant, contributes $1.5 billion in Bitcoin, while SoftBank and Bitfinex add $900 million and $600 million, respectively.
The deal, reported by the Financial Times, involves converting these Bitcoin holdings into 21 Capital shares, valued at $85,000 per Bitcoin and $10 per share. Additionally, a $350 million convertible bond and a $200 million private equity round will be used to fund further Bitcoin purchases. Though not finalized, the announcement is expected soon, with potential for changes.
Cantor’s prior crypto ties, including managing Tether’s $134 billion reserves and a 5% stake in the stablecoin issuer, facilitated this partnership. The venture reflects growing institutional confidence in Bitcoin, which has been amplified by favorable U.S. policies under the Trump administration.
Bitcoin Commands Institutional Embrace
For Cantor Fitzgerald, the $3 billion fund strengthens its position in the digital asset space, building on its Bitcoin financing business, which was launched with $2 billion in March 2025.
Meanwhile, cravings for Bitcoin have not gone unnoticed as many notable institutions have shown relentlessness in their acquisition. Some companies are rethinking their strategies as they shift focus to digital assets. An example is the Tokyo-listed mobile game studio Gumi Inc., which made headlines with its announcement of a 1 billion Japanese yen, about $6.58 million. The firm has prepared for this purchase from February to May, and it is part of a strategy to ramp up its Web3 business and node operations.
Another such example is Pierre Rochard, a prominent Bitcoin advocate. He recently launched a firm called The Bitcoin Bond Company, which has announced plans to acquire $1 trillion worth of Bitcoins on behalf of its institutional clients.
