Tether Buys Out SoftBank’s Stake in Joint Crypto Investment Firm

Tether has purchased SoftBank’s stake in their shared venture, crypto investment company Twenty One Capital . “This transaction reflects the continued development of XXI as the company builds on its foundation and advances its long-term bitcoin strategy,” the stablecoin issuer said in a Wednesday (May 20) news release . “Tether’s increased commitment reflects its conviction that XXI represents one of the most important opportunities to build a public company around bitcoin from the ground up.” T