Tether moves $3.9B in BTC to back Twenty One Capital

Tether moves $3.9B in BTC to back Twenty One Capital

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Tether has transferred Bitcoin 37,29.69, at a value of approximately $ 3.9 billion, to addresses linked to the new Bitco Native financial platform, Twenty One Capital, led by Strike Jack Mallers.

Tether Paolo Ardoino CEO has transferred two transfers, which total 11,417 BTC ($ 1.2 billion) at Post 3 June.

In one deal, the source of stablecoin transfer 10500 bitcoin (BTC) (About $ 1.1 billion) for the address associated with the investment option in SoftBank in twenty -one. The CEO said this is part of the pre -financing of Softbank in the Bitcoin platform.

In another post, Erdino He said Tether has transferred 917 BTC separately into a portfolio linked to investors who transform stock rights in the project. Metal currencies were about $ 96 million at the time of writing this report.