In a significant development for the cryptocurrency sector, Twenty One Capital, under the leadership of CEO Jack Mallers, has successfully gained approval for its merger with Cantor Equity Partners (CEP). The announcement was made on December 3, highlighting a pivotal vote during CEP”s Extraordinary General Meeting, where shareholders endorsed the merger.
This merger is not just a routine business combination; it positions Twenty One Capital as a leading public holder of Bitcoin, with an impressive 42,000 BTC in its portfolio. The merger has attracted considerable attention, particularly from retail investors, bolstered by announcements made on Mallers” podcast, which has over 43,000 subscribers, and his presence on X, boasting half a million followers.
As detailed in a press release, the final results from the shareholder meeting will be included in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission. The completion of the merger is contingent on satisfying several closing conditions outlined in CEP”s definitive proxy statement and Twenty One“s final prospectus. If all goes as planned, the merged entity is set to begin trading on the New York Stock Exchange under the ticker symbol “XXI” on December 9, 2025.
Upon this listing, Twenty One Capital is anticipated to exit its “quiet period,” allowing for a series of announcements regarding its future directions. Earlier this year, the company secured investments from Tether and SoftBank, facilitating the acquisition of 42,000 bitcoins. This strategic move not only enhances its position as one of the largest public holders of Bitcoin but also opens avenues for new financial services aimed at users of Strike, Mallers” Bitcoin financial services application, as well as a competitor to Cash App.
The implications of this merger are significant, potentially reshaping the landscape for public Bitcoin ownership and financial services in the cryptocurrency domain. Readers can find the full press release for more detailed disclosures and insights into the merger.
