In May 2025, Cantor Fitzgerald, supported by institutional resources, aims to emulate Michael Saylor's successful transformation of his software firm into a Bitcoin entity. This new digital-asset venture, Twenty One Capital, backed by Tether Holdings SA and SoftBank Group, seeks to establish itself as a next-generation Bitcoin 'pure play'.

Similar to the strategy of the former MicroStrategy, now known as Strategy, Twenty One plans to raise capital to accumulate digital tokens.