21 Capital to transfer 43,500 Bitcoin to its own account ahead of IPO

Uk Jin

Summary

21 Capital said it will transfer the 43,500 Bitcoin it had entrusted to its own account ahead of its IPO.
It said the Bitcoin transfer will be carried out as 21 Capital begins trading on the New York Stock Exchange (NYSE) from the 9th.
21 Capital said it is a Bitcoin accumulation company formed by an alliance of Tether, SoftBank, and Cantor Fitzgerald with $3.6 billion.

21 Capital plans to move the Bitcoin (BTC) it had entrusted to its own account ahead of its initial public offering (IPO).

On the 7th (Korean time), Jack Mallers, chief executive officer (CEO) of 21 Capital, said on X (formerly Twitter), "21 Capital will be traded on the New York Stock Exchange (NYSE) starting on the 9th (local time)," and added, "Therefore, it plans to transfer the 43,500 Bitcoins it had been holding in custody to its own custody account."

21 Capital is a Bitcoin accumulation company formed by an alliance of Tether, SoftBank, and Cantor Fitzgerald with $3.6 billion.

BTC