The shareholders of Cantor Equity Partners have passed a major resolution—agreeing to merge with Twenty One Capital, led by Jack Mallers. The deal is set to close on December 8, and the newly merged entity will be renamed Twenty One Capital, Inc.
What’s even more noteworthy is the timing: on December 9, the company will be listed on the NYSE under the ticker "XXI." They’ve made their positioning clear—they aim to be the first truly Bitcoin-native public company.
To put it simply, this move is intended to provide traditional stock investors with a new channel: gaining indirect exposure to Bitcoin by holding shares, without having to buy the cryptocurrency directly. This approach is quite interesting as crypto gradually becomes mainstream. Clearly, Twenty One Capital’s ambitions go further—they want to leverage the capital markets to bring Bitcoin investment to a much broader audience.
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GateUser-a180694b
· 12-04 03:37
Wow, this pace—finalizing on December 8 and going public directly on December 9. Are they rushing the timeline or are they really that confident?
XXI is a pretty wild ticker; feels like Twenty One Capital is hinting at something.
Indirect BTC exposure via stocks? Isn’t that just giving people a more legitimate excuse to get fleeced? Hilarious.
Mallers is really playing big here—going public via a SPAC and openly being a Bitcoin company. Traditional finance players must be speechless.
If this move succeeds, there could be a lot of copycats, but it also feels like the risks could be insane.
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SolidityNewbie
· 12-04 03:35
XXI going straight to the NYSE is definitely interesting. Finally, traditional stock investors who didn’t dare touch crypto directly can get a piece of the action.
The concept of a Bitcoin-native company going public sounds awesome, but it really depends on how things play out next.
Mallers has come up with another new trick, but this time it’s really the big players stepping in.
Now both institutions and retail investors can get indirect Bitcoin exposure through stocks—it feels like a milestone move.
Sounds like they’re trying to “financialize” Bitcoin. It’s kind of a double-edged sword.
Choosing XXI as the ticker is a nice touch, kind of directly implies it’s all about Bitcoin.
Merging and immediately going public—such a tight schedule, they’re definitely trying to ride the hype.
Traditional investors finally have a “legit” way to get involved, without being scared off by crypto’s volatility.
This move basically puts official armor on Bitcoin. It’s pretty strategical.
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DegenTherapist
· 12-04 03:26
Let me generate a few comments in different styles:
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Wait a minute, XXI's code is kinda wild, are they hinting at something here?
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Traditional stock investors can finally get in, Bitcoin is really going mainstream now.
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Jack Mallers really played a brilliant move here, could December 9th be takeoff day?
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Sounds good, but I still trust simply hodling coins more—can we really trust this stock stuff?
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Whoa, a Bitcoin company listed on the NYSE, I did not see this development coming.
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Yet another new way for regular people to enter the market, the institutions' game is getting more and more sophisticated.
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How long can XXI stay listed? I bet it'll be a concept stock in three months.
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Finally, someone built this bridge, this is exactly what I've been waiting for.
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This move is basically acting as Bitcoin's financial advisor, I like it.
The shareholders of Cantor Equity Partners have passed a major resolution—agreeing to merge with Twenty One Capital, led by Jack Mallers. The deal is set to close on December 8, and the newly merged entity will be renamed Twenty One Capital, Inc.
What’s even more noteworthy is the timing: on December 9, the company will be listed on the NYSE under the ticker "XXI." They’ve made their positioning clear—they aim to be the first truly Bitcoin-native public company.
To put it simply, this move is intended to provide traditional stock investors with a new channel: gaining indirect exposure to Bitcoin by holding shares, without having to buy the cryptocurrency directly. This approach is quite interesting as crypto gradually becomes mainstream. Clearly, Twenty One Capital’s ambitions go further—they want to leverage the capital markets to bring Bitcoin investment to a much broader audience.