Tag: SoftBank

Cantor Fitzgerald is teaming up with major players in the crypto space—Tether, Bitfinex, and SoftBank—to launch a $3 billion Bitcoin investment vehicle. According to the Financial Times, the partnership plans to create a publicly traded entity called 21 Capital, which will receive $3 billion in Bitcoin from the participating firms. ...

Bakkt Holdings faces significant changes following the departure of two major clients, Bank of America and Webull. Their contracts are set to expire in April and June. Notably, Bank of America contributed 16% of Bakkt’s loyalty services revenue in 2023 and 2024, while Webull accounted for 74% of its crypto ...