Tether and Bitfinex have transferred 21000 bitcoins to 21 Capital

BlockBeats News: On June 3rd, according to the CEO of Tether, Tether and Bitfinex have respectively transferred 14000 and 7000 bitcoins to Bitcoin investment company 21 Capital this morning. Tether had previously transferred approximately 4812 bitcoins to 21 Capital on May 10th to support its initial PIPE financing arrangement. BlockBeats previously reported that on April 23rd, Brandon Lutnick, son of US Secretary of Commerce Howard Lutnick and chairman of Cantor Fitzgerald, is partnering with SoftBank Group, Tether, and Bitfinex trading platform to establish a Bitcoin investment fund. The fund is called Cantor Equity Partners and plans to raise $3 billion worth of Bitcoin through the newly established 21 Capital company. Among them, Tether plans to invest $1.5 billion, while SoftBank Group and Bitfinex will invest $900 million and $600 million respectively.