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Cantor Fitzgerald plans to launch a $3 billion digital asset venture called 21 Capital, backed by partners including Tether, SoftBank, and Bitfinex. The initiative, led by Brandon Lutnick, aims to mirror MicroStrategy’s success in the Bitcoin market. The company will start with contributions from partners and plans to raise more funds for Bitcoin acquisitions. The move reflects a trend of traditional financial institutions increasing their exposure to digital assets.
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