Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, wagering that interest in the digital currency will expand under U.S. President Donald Trump.

An affiliate of Cantor Fitzgerald LP is teaming up with stablecoin issuer Tether Holdings SA and SoftBank Group to create a new company called Twenty One Capital Inc. with the goal of accumulating Bitcoin,

Brandon Lutnick is spearheading 21 Capital with backing from SoftBank, Tether, and Bitfinex. The group plans to create a multi-billion-dollar Bitcoin acquisition vehicle modeled on