Twenty One Capital to List on NYSE December 9 Under Ticker XXI
Twenty One Capital, the Bitcoin company led by Jack Mallers, will begin trading on the NYSE under ticker XXI on December 9.
NYSE Listing Set for December 9
Twenty One Capital will begin trading on the New York Stock Exchange on December 9, 2025. The company will trade under the ticker symbol XXI. Shareholders of Cantor Equity Partners approved the SPAC merger on December 3. The business combination closes on December 8. Jack Mallers, founder of Bitcoin payments company Strike, serves as CEO.
Backing from Tether and SoftBank
The company launched in April 2025 with backing from Tether, SoftBank Group, and Cantor Fitzgerald. Twenty One Capital positions itself as a Bitcoin-native company focused on accumulating BTC as its primary treasury asset. At launch, the company announced plans to hold over 42,000 Bitcoin. This model mirrors Strategy's approach, formerly known as MicroStrategy, which pioneered corporate Bitcoin treasury accumulation.
We believe that Bitcoin is the answer, and Twenty One is how we bring that answer to public markets. Our mission is simple: to become the most successful company in Bitcoin.— Jack Mallers, Co-Founder and CEO, Twenty One Capital
SPAC Merger Structure Explained
The listing follows a SPAC (Special Purpose Acquisition Company) merger with Cantor Equity Partners. SPACs allow private companies to go public without a traditional IPO (Initial Public Offering) process. The combined entity will operate under the Twenty One Capital name. Brandon Lutnick, Chairman of Cantor Fitzgerald, led the SPAC vehicle. The NYSE listing gives institutional and retail investors direct exposure to a Bitcoin-focused public company.
Market Context for Bitcoin Stocks
Twenty One Capital joins a growing list of Bitcoin treasury companies on public markets. Strategy remains the largest corporate Bitcoin holder globally. The listing may attract investors seeking Bitcoin exposure through traditional equity markets rather than direct cryptocurrency purchases or ETFs (Exchange-Traded Funds). The NYSE debut marks another step in Bitcoin's integration into mainstream finance.