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Tether acquires SoftBank's stake in Twenty One Capital as share price jumps 5%

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The Block Editorial
(01:04 PM UTC)
1 min read
DK
Updated byDavid Kim
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Tether International has acquired SoftBank's stake in Twenty One Capital (XXI), the controlling shareholder announced Wednesday.

SoftBank's representatives stepped down from Twenty One's board of directors upon closing of the transaction in accordance with the firm's shareholder agreement, according to Tether.

"This transaction reflects the continued development of XXI as the company builds on…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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