The president of Cantor Fitzgerald, the President of the US President Donald Trump, has been preparing to create a new consortium with Softbank, Tether and Bitfinex in order to benefit from the rising crypto industry during the reign of Trump. With this initiative, it is predicted that the company and other companies to be cooperating can play an important role in the acquisition of important crypto assets such as Bitcoin.
Crypto Consortium
This merger, which is organized among financial resources organizations, includes Softbank, Tether and Bitfinex, one of the important names of the sector. US Trade Minister Howard Lotnick’s son Brandon Lutnick will also be involved in this project, while the project has not yet been made on the details and way of implementation.
Following the investment of $ 200 million, the foundations of the new Capital companies were laid. The background structure of this vehicle will include a Bitcoin contribution of $ 3 billion; Here, Tether is scheduled to provide $ 1.5 billion, Softbank’s $ 900 million, and Bitfinex’s crypto assets worth $ 600 million. Invested Bitcoins are evaluated from $ 10 as stocks, and the transaction value is determined as approximately 85,000 dollars per bitcoin.
Future Plans
The new consortium also aims to provide more Bitcoin supply with 350 million dollars of transnable bonds and special shares of $ 200 million. This financial vehicle, which will be created within the scope of the project, aims to develop a successful model inspired by Microstrategy’s crypto asset strategy.
The relevant sources state that the planned agreement is expected to be announced in the coming weeks, but the figures and conditions may vary without reaching the final clarity. The sector representatives in the project stated that the process could direct more crypto asset -oriented strategies in the future.
This development, which is curiously monitored in the financial circles, is expected to offer important clues about the future of crypto markets, while the investment models can be diversified with similar strategies.
The proposed initiative can allow the trial of different models for digital asset investment strategies; This can bring alternative financing ways for investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
