Strike founder Jack Mallers recently revealed some big news on social media—his firm, Twenty One Capital, is expected to officially list on the New York Stock Exchange on December 9, with the stock ticker "XXI".
This IPO is not just a routine process. According to the transaction plan, Twenty One Capital intends to restructure approximately 43,500 digital assets that were previously held in third-party custody. This move is actually quite significant, as it means the company is adjusting its asset allocation strategy while making a push into the traditional capital markets.
Jack Mallers is a well-known name in the crypto payments space, with his company Strike continuously promoting the adoption of the Bitcoin Lightning Network. Now, by leading Twenty One Capital onto the NYSE, it signals yet another step in the further integration between the crypto industry and Wall Street.
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PriceOracleFairy
· 23h ago
ngl the 43.5k asset reallocation screams liquidity repositioning... someone's running the numbers on that delta hard rn
Reply0
AlwaysMissingTops
· 23h ago
Damn, XX is actually getting listed on the NYSE this time?
Jack really goes hard, taking the Lightning Network from hype to real money...
Reorganizing 43,500 coins, that's some serious detail.
Is Wall Street finally taking this seriously? Still feels a bit shaky to me...
Is this just another crypto dream or a real breakthrough?
XXI is a fitting name for this code, huh.
Let's see what happens on December 9th—if it drops below the issue price, we'll have a story to tell.
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CommunityWorker
· 12-07 07:18
A bit bold, going straight to the NYSE. The ticker XXI is also quite a deliberate choice.
Strike founder Jack Mallers recently revealed some big news on social media—his firm, Twenty One Capital, is expected to officially list on the New York Stock Exchange on December 9, with the stock ticker "XXI".
This IPO is not just a routine process. According to the transaction plan, Twenty One Capital intends to restructure approximately 43,500 digital assets that were previously held in third-party custody. This move is actually quite significant, as it means the company is adjusting its asset allocation strategy while making a push into the traditional capital markets.
Jack Mallers is a well-known name in the crypto payments space, with his company Strike continuously promoting the adoption of the Bitcoin Lightning Network. Now, by leading Twenty One Capital onto the NYSE, it signals yet another step in the further integration between the crypto industry and Wall Street.