The son of the US Secretary of Commerce leads the launch of a $3 billion cryptocurrency investment plan

律动BlockBeats
律动BlockBeats|Apr 22, 2025 23:48
BlockBeats News: On April 23rd, according to the Financial Times, Cantor, a financial services company led by Brandon Lutnik, son of US Secretary of Commerce Howard Lutnik, is partnering with SoftBank, Tether, and cryptocurrency trading platform Bitfinex to form a Bitcoin investment consortium worth over $3 billion. According to three informed sources, the consortium will absorb billions of dollars in cryptocurrency assets held by its partners, following the successful path of Strategy (MSTR. O) - a software company that has transformed its cryptocurrency investments and currently holds billions of dollars worth of Bitcoin, with its market value skyrocketing to 91 billion dollars. This layout coincides with the Trump administration's promotion of digital currency friendly policies. Insiders added that Tether will contribute $1.5 billion in Bitcoin, while SoftBank and Bitfinex will contribute $900 million and $600 million in Bitcoin, respectively. (Golden Ten)
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