Coin Stories

News Block: Major Bitcoin Treasury Company—Twenty One—Emerges, Fed Softens Stance on Bitcoin for Banks, Bitcoin Shows Resilience to Tariff Volatility

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Apr 28, 2025
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ANECDOTE

Launch of Twenty One Capital

  • Twenty One Capital (21) launches as a new Bitcoin treasury company with major players like Tether, Bitfinex, Cantor Fitzgerald, and SoftBank involved.
  • Led by Jack Mallers, 21 aims to be a purpose-built pure Bitcoin company and a strong competitor to Strategy.
INSIGHT

Early Stage of Corporate Bitcoin Adoption

  • Corporate adoption of Bitcoin is still in early stages with only 1.6% of U.S. corporate cash allocated to Bitcoin.
  • With entrants like 21 Capital, the Bitcoin adoption inflection point could be near.
INSIGHT

Regulatory Shift Favoring Bitcoin

  • The regulatory environment for Bitcoin is shifting positively with new leadership in SEC and Fed softening stances.
  • The Fed withdrew some anti-Bitcoin guidance, signaling less resistance to institutional engagement with crypto.
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