Public Keys: Twenty One’s Bitcoin Play, XRP Futures Competition, and Investors Love Solana Treasury Companies
Summary
Twenty One Capital will merge with Cantor Equity Partners, becoming the third-largest Bitcoin treasury company, with contributions of 31,500 Bitcoin from Tether and Bitfinex. The company plans to go public via SPAC, changing its ticker to XXI. Twenty One aims to improve Bitcoin per share and return rates while focusing on building Bitcoin products. CME Group will launch XRP futures on May 19, entering a $3.9 billion market where Coinbase and Kraken are already active. Upexi shares surged 335% after announcing a $100 million raise to establish a Solana treasury, adopting a long-only strategy focused on SOL. The company plans to use funds for working capital and debt reduction while accumulating Solana.
