Bitcoin company Twenty One secures additional funding of 100 million Dollar, bringing the total funding to 685 million Dollar.

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According to a filing with the Securities and Exchange Commission (SEC) on Thursday, bitcoin money management firm Twenty One Capital raised an additional $100 million through large convertible secured bonds, bringing its total funding to $685 million.The company is now moving forward with Nasdaq-listed Cantor Equity Partners. Consolidation plan (CEP).Regulatory documents show that the new funding comes from existing investors and promoters, who exercised a call option. More bonds (التي were originally granted during the funding round in April ).The interest rate on the new bonds is 1%, and the maturity date is 2030. The new $100 million, plus the $385 million initially committed, brings total bond funding to $485 million. That doesn't include the $200 million private equity private equity plan (PIPE) unveiled last month.Twenty One Capital was launched by Cantor's Brandon Lutnik through the SPAC structure, and its well-known owners include iFinex and Tether, and will be led by Strike CEO Jack Mallers.
Source of the news: CoinDesk
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