U.S. Commerce Secretary Lutnick’s Son Teams Up With Tether, SoftBank for $3B Bitcoin SPAC: FT

Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported.The special purpose acquisition company (SPAC), dubbed Cantor Equity Partners, raised $200 million in January and will help form a new firm, 21 Capital, seeded with $3 billion in bitcoin (BTC) from the crypto heavyweights source: https://www.coindesk.com/markets/2025/04/23/commerce-secretary-lutnick-s-son-teams-up-with-tether-softbank-for-usd3b-bitcoin-spac-ft