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Bitcoin investment firm Twenty One Capital completes SPAC merger, to list on NYSE next week
[BlockBeats] A Bitcoin investment firm, Twenty One Capital, strongly backed by Cantor Fitzgerald and Jack Mallers, has just made a major move.
On December 4, Twenty One Capital and special purpose acquisition company Cantor Equity Partners (NASDAQ: CEP) jointly announced that shareholders gave the green light at a special meeting, approving the merger plan between the two companies. The process is moving quickly, with the entire transaction expected to close on December 8.
What happens after the merger? The new company will continue to operate under the Twenty One Capital name, and Class A common stock will be listed on the New York Stock Exchange on December 9, trading under the ticker symbol “XXI.” Yet another Bitcoin-related company is entering the traditional capital markets.