Tether Moves $3.9B BTC for Jack Mallers’ ‘Twenty One’ NYSE Debut
Yahoo Finance·2025-12-08 14:28
A massive 43,033 BTC transfer flagged by Whale Alert Sunday is not a sell-off—it is the settlement capital for Twenty One (XXI), the Bitcoin-native firm led by Jack Mallers set to list on the NYSE December 9. The $3.9 billion transaction, confirmed on-chain, represents the release of funds from escrow to the company’s direct custody ahead of its public market open. Tether and the ‘Twenty One’ NYSE Listing Twenty One is going public via a merger with Cantor Equity Partners, a SPAC backed by Cantor Fitzge ...