【Crypto World】Breaking News! The Bitcoin vault platform TwentyOne supported by Tether just listed on the NYSE, becoming the third largest publicly traded Bitcoin vault company in the market. Currently, the platform holds 43,514 Bitcoins, all backed by Tether injection. What does this mean? Tether continues to increase its Bitcoin asset allocation and expands its influence through a publicly listed platform. For holders, this provides an additional institutional-grade Bitcoin storage option. The vault concept has gained popularity in recent years, from Coinbase to Galaxy and various new players. The demand from institutions for secure and scalable Bitcoin asset management is indeed rising. TwentyOne’s move also reflects the market’s optimistic attitude towards the long-term value of Bitcoin.
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SchroedingerGas
· 12-16 04:01
Tether is causing trouble again. This time, they are directly pushing for a listing, pouring in 43,514 Bitcoins. That's pretty aggressive.
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WhaleStalker
· 12-15 00:01
This move by Tether is interesting, and they're quietly stockpiling coins again... 43,514 Bitcoins. How much money would that take?
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SellTheBounce
· 12-14 08:49
Another story of taking over: Tether is investing money to go public, just to pump the market.
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NoStopLossNut
· 12-13 15:30
Tether is playing chess again; this move is becoming more and more skillful.
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DegenWhisperer
· 12-13 15:29
Tether is at it again, directly investing 43,514 Bitcoin. That’s quite a move. But to be fair, the third place is pretty interesting, and the top two still have to hold their ground.
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BlockchainTalker
· 12-13 15:29
actually, if we break this down through the lens of institutional adoption dynamics... tether's moving 43k btc through a public vehicle is lowkey a trust signal, ngl. but here's the thing—caveat emptor: we're basically watching a stablecoin issuer consolidate bitcoin treasury exposure. which is... interesting? 🤔
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PanicSeller69
· 12-13 15:26
Tether's move is quite aggressive, directly pouring in 45k+ Bitcoins... Basically, it's backing it with their own USDT, trying to make everyone think the Bitcoin vault is safer, and at the same time, expanding their influence. But honestly, do you think such backing is reliable? It feels a bit like self-guaranteeing, and I still feel a bit uneasy.
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LiquidityWitch
· 12-13 15:26
tether's pulling the strings again... 43k btc injected like some kind of dark pool ritual. third largest vault? nah, just tether transmuting stablecoins into actual bitcoin influence. the real spell's in the centralization tbh
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MEVSandwichVictim
· 12-13 15:14
Tether is causing trouble again, with over 40,000 Bitcoins supported solely by it. This is the flavor of centralization... They really treat the treasury as their own ATM.
Tether-supported TwentyOne lists on the NYSE, becoming the third-largest publicly traded Bitcoin treasury company
【Crypto World】Breaking News! The Bitcoin vault platform TwentyOne supported by Tether just listed on the NYSE, becoming the third largest publicly traded Bitcoin vault company in the market. Currently, the platform holds 43,514 Bitcoins, all backed by Tether injection. What does this mean? Tether continues to increase its Bitcoin asset allocation and expands its influence through a publicly listed platform. For holders, this provides an additional institutional-grade Bitcoin storage option. The vault concept has gained popularity in recent years, from Coinbase to Galaxy and various new players. The demand from institutions for secure and scalable Bitcoin asset management is indeed rising. TwentyOne’s move also reflects the market’s optimistic attitude towards the long-term value of Bitcoin.