Tether Takes Control Of Twenty One Capital After Buying Out SoftBank

Bitcoin Magazine Editorial

(03:18 PM UTC)

1 min read

Tether International has acquired SoftBank’s entire stake in Twenty One Capital, the Bitcoin treasury company co-founded by Jack Mallers, consolidating control over one of the most prominent public Bitcoin vehicles to emerge in the past year.

The transaction, announced May 20, removes the last major outside ownership bloc from Twenty One’s founding three-party structure. SoftBank’s…

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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