Tether adds over $3 billion BTC to pre-fund Bitcoin-native firm Twenty One Capital

From invezz.com

Tether has added over $3 billion worth of Bitcoin to support the launch and pre-funding of Twenty One Capital. According to CEO Paolo Ardoino, Tether has transferred 10,500 BTC, valued at approximately $1.1 billion, to an address linked to Japanese investment giant SoftBank as part of its upcoming investment into Twenty One Capital. tweet Simultaneously, a separate transfer of 917 BTC, valued at around $96 million, was also made to an address associated with convertible equity investors in Twenty One Capital. Ardoino noted that this allocation was made to support investor options in the venture. Earlier, on June 2, ... (full story)