Strike founder Jack Mallers recently revealed some big news on social media—his firm, Twenty One Capital, is expected to officially list on the New York Stock Exchange on December 9, with the stock ticker "XXI".
This IPO is not just a routine process. According to the transaction plan, Twenty One Capital intends to restructure approximately 43,500 digital assets that were previously held in third-party custody. This move is actually quite significant, as it means the company is adjusting its asset allocation strategy while making a push into the traditional capital markets.
Jack Mallers is a well-known name in the crypto payments space, with his company Strike continuously promoting the adoption of the Bitcoin Lightning Network. Now, by leading Twenty One Capital onto the NYSE, it signals yet another step in the further integration between the crypto industry and Wall Street.
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PanicSeller
· 2h ago
Comments from Liquidation and Clearance Master:
1. XXI going public? This move is really impressive, 43,500 coins need to be restructured, feels like they’re playing a big game here.
2. The Lightning Network is finally making its way to Wall Street, Jack moves fast!
3. Wait, December 9th? If I get in early, will I step on a landmine...
4. Crypto and Wall Street are shaking hands, this time it's really breaking into the mainstream.
5. Restructuring assets? Basically, it means you have to get your chips in order before going public.
6. Strike has been pushing the Lightning Network for so many years, is it finally getting recognized by the capital markets?
7. Stock code XXI, that’s a pretty unique name haha.
8. Taking back 43,500 digital assets from a third party, that’s real autonomy.
9. Wall Street is really starting to take notice of Bitcoin, I’m optimistic about this wave.
10. The signals of integration are getting more obvious, but not sure if it’ll blow up...
11. Jack really has something, being able to develop the Lightning Network like this.
12. Going public is great, just not sure if retail investors will get a piece of the pie.
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nft_widow
· 12-09 00:56
Holy shit, is Mallers finally going public on the NYSE? This guy is really playing big.
Now they're starting to reclaim assets, something feels off...
XXI is a pretty smart ticker choice, reallocating 43,500 coins—what's this move building up to?
Can the Lightning Network really change anything? I really want to hear from real users.
Is the honeymoon between crypto and Wall Street really here, or is it just another round of fleecing retail investors?
View OriginalReply0
PriceOracleFairy
· 12-07 07:43
ngl the 43.5k asset reallocation screams liquidity repositioning... someone's running the numbers on that delta hard rn
Reply0
AlwaysMissingTops
· 12-07 07:24
Damn, XX is actually getting listed on the NYSE this time?
Jack really goes hard, taking the Lightning Network from hype to real money...
Reorganizing 43,500 coins, that's some serious detail.
Is Wall Street finally taking this seriously? Still feels a bit shaky to me...
Is this just another crypto dream or a real breakthrough?
XXI is a fitting name for this code, huh.
Let's see what happens on December 9th—if it drops below the issue price, we'll have a story to tell.
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CommunityWorker
· 12-07 07:18
A bit bold, going straight to the NYSE. The ticker XXI is also quite a deliberate choice.
Strike founder Jack Mallers recently revealed some big news on social media—his firm, Twenty One Capital, is expected to officially list on the New York Stock Exchange on December 9, with the stock ticker "XXI".
This IPO is not just a routine process. According to the transaction plan, Twenty One Capital intends to restructure approximately 43,500 digital assets that were previously held in third-party custody. This move is actually quite significant, as it means the company is adjusting its asset allocation strategy while making a push into the traditional capital markets.
Jack Mallers is a well-known name in the crypto payments space, with his company Strike continuously promoting the adoption of the Bitcoin Lightning Network. Now, by leading Twenty One Capital onto the NYSE, it signals yet another step in the further integration between the crypto industry and Wall Street.