SUBJECT-9793.dossier · company · status: active
TC
subject of file

Twenty One Capital

Bitcoin investment vehicle; SPAC; Tether/SoftBank/Bitfinex partnership
Tracked because Bitcoin investment vehicle; SPAC; Tether/SoftBank/Bitfinex partnership · 6 documented connections
Editorial summary · AI-drafted from public records

$3.6 billion Bitcoin venture led by Brandon Lutnick, partnered with Tether, SoftBank, and Bitfinex. Created through SPAC merger. Represents the intersection of the Lutnick family's financial services empire and the unregulated stablecoin ecosystem.

Facts on record8
Connections mapped6
Sources cited17
Evidence: 3S 5I
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
🧠 Cognitive harm via shared boards / co-investments
Inferential confidence
Tracked platforms owned by entities this person sits on a board with, founded with, or co-invested in.
1 documented harm · Documented
via Tether (investor)
Inferred path: each card shows the connecting entity. See full methodology →
Stated vs Revealed
No documented contradictions on file.
PATTERN person → [regulatory filing] → government agency → [regul... 8424× PATTERN company → [regulatory filing] → government agency → [regu... 5356× PATTERN government agency → [regulatory filing] → government agen... 3121× PATTERN company → [oversight] → government agency → [regulatory f... 2394× PATTERN organization → [regulatory filing] → government agency → ... 2392×
Connection Map
Key Connections
→ Tether company
investor
Twenty One Capital was created through a SPAC merger partnered with Tether.
→ Howard Lutnick person
Familial/Regulatory Conflict
Twenty One Capital represents the intersection of the Lutnick family's financial services empire and the unregulated stablecoin ecosystem. The partnership with Tether creates a direct conflict with Commerce Secretary Howard Lutnick's regulatory authority over stablecoin policy.
→ Securities and Exchange Commission government agency
regulatory_filing
Twenty One Capital filed a filing with the SEC on 2026-03-31. The SEC's EDGAR database likely contains filings documenting Brandon Lutnick's ownership and control rights.
→ SoftBank Vision Fund company
investor
Twenty One Capital was created through a SPAC merger partnered with SoftBank.
← Brandon Lutnick person
founder
Leader of Twenty One Capital, $3.6 billion Bitcoin venture partnered with Tether, SoftBank, and Bitfinex.
← Cantor Fitzgerald company
investor
Cantor Fitzgerald serves as custodian of Tether reserves; Twenty One Capital is partnered with Tether through Brandon Lutnick.
Facts (8)
Data Freshness
Ageing Last update: 37d ago · Avg age: 209d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (4)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified Pending Review Twenty One Capital is a $3.6 billion Bitcoin venture led by Brandon Lutnick.
Added: 16 Apr 2026
✓ verified Pending Review The venture was created through a SPAC merger, partnered with Tether, SoftBank, and Bitfinex.
Added: 16 Apr 2026
✓ verified Pending Review Twenty One Capital represents the intersection of the Lutnick family's financial services empire and the unregulated stablecoin ecosystem.
Added: 16 Apr 2026
✓ verified AI Inference Brandon Lutnick's exact ownership percentage and control rights in Twenty One Capital are not fully documented in public SEC filings.
Added: 16 Apr 2026
All Connections (6)
→ Tether company
investor primary since 2026
Twenty One Capital was created through a SPAC merger partnered with Tether.
→ Howard Lutnick person
Familial/Regulatory Conflict primary since 2026
Twenty One Capital represents the intersection of the Lutnick family's financial services empire and the unregulated stablecoin ecosystem. The partnership with Tether creates a direct conflict with Commerce Secretary Howard Lutnick's regulatory authority over stablecoin policy.
→ Securities and Exchange Commission government agency
regulatory_filing primary since 2026
Twenty One Capital filed a filing with the SEC on 2026-03-31. The SEC's EDGAR database likely contains filings documenting Brandon Lutnick's ownership and control rights.
→ SoftBank Vision Fund company
investor primary since 2026
Twenty One Capital was created through a SPAC merger partnered with SoftBank.
← Brandon Lutnick person
founder primary
Leader of Twenty One Capital, $3.6 billion Bitcoin venture partnered with Tether, SoftBank, and Bitfinex.
← Cantor Fitzgerald company
investor, founder primary
Cantor Fitzgerald serves as custodian of Tether reserves; Twenty One Capital is partnered with Tether through Brandon Lutnick. · Cantor Fitzgerald co-founded Twenty One Capital alongside Tether and SoftBank in April 2025 as a Bitcoin holding company. Brandon Lutnick chairs Twenty One Capital while his father sits as Commerce Secretary with regulatory authority over cryptocurrency.
Sources (17)
2026-01-05 ↗ SEC EDGAR: filing — Twenty One Capital (2026-01-05) sec_filing Processed 📜 Receipt
2026-01-05 ↗ SEC EDGAR: S-1 — Twenty One Capital, Inc. (2026-01-05) sec_filing Processed 📜 Receipt
2026-04-13 ↗ SEC EDGAR: 4 — Twenty One Capital, Inc. (2026-04-13) sec_filing Processed 📜 Receipt
2026-01-05 ↗ SEC EDGAR: 4 — Twenty One Capital, Inc. (2026-01-05) sec_filing Processed 📜 Receipt
2026-03-31 ↗ SEC EDGAR: 10-K — Twenty One Capital, Inc. (2026-03-31) sec_filing Processed 📜 Receipt
2026-02-09 ↗ SEC EDGAR: S-1/A — Twenty One Capital, Inc. (2026-02-09) sec_filing Processed 📜 Receipt
2026-02-09 ↗ SEC EDGAR: filing — Twenty One Capital (2026-02-09) sec_filing Processed 📜 Receipt
2026 UNVERIFIED Research: Twenty One Capital — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Twenty One Capital — USASpending contracts (no results) contract Processed 📜 Receipt
2026-05-10 UNVERIFIED SEARCH_ERROR: Twenty One Capital not found in opencorporates claim_flag Processed 📜 Receipt
2026 UNVERIFIED Research: Twenty One Capital — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026-03-31 ↗ SEC EDGAR: filing — Twenty One Capital (2026-03-31) sec_filing Processed 📜 Receipt
2026 UNVERIFIED Research: Twenty One Capital — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Twenty One Capital — Corporate registrations (no results) government_disclosure Processed 📜 Receipt
2026-07-30 ↗ SEC EDGAR: 4 — Twenty One Capital, Inc. (2026-07-30) sec_filing Processed 📜 Receipt
2026-08-07 ↗ SEC EDGAR: 4 — Twenty One Capital, Inc. (2026-08-07) sec_filing Processed 📜 Receipt
2026-09-09 ↗ SEC EDGAR: 4 — Twenty One Capital, Inc. (2026-09-09) sec_filing Processed 📜 Receipt