Yigit Taha OZTURK 
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is making a significant move in crypto with support from SoftBank, Tether, and Bitfinex. Through a new special purpose acquisition company (SPAC) named Cantor Equity Partners, they’re launching a Bitcoin-based investment firm seeded with $3 billion in BTC.
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Initially raising $200 million in January, the SPAC will help establish 21 Capital, a firm converting Bitcoin into equity at a projected value of $85,000 per BTC — echoing MicroStrategy’s strategy of using BTC as a balance sheet asset.
Institutional Strength Behind the Move
Tether is contributing $1.5 billion, Bitfinex adds $600 million, and SoftBank commits $900 million to the venture. An additional $550 million is expected to be raised via bonds and private equity to further expand the BTC holdings.
The announcement comes amid a new wave of institutional crypto optimism under the Trump administration, with Bitcoin trading near $92,000 and regulatory sentiment turning more favorable. This move is expected to be officially announced in the coming weeks.
Howard Lutnick, once skeptical of Tether’s liquidity, has taken a softer tone recently, especially during Senate testimonies. His firm, Cantor Fitzgerald, currently holds a large share of Tether’s U.S. Treasury reserves, indicating strong ties to the stablecoin giant.
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