Twenty One Capital to Debut on NYSE as Largest Bitcoin Treasury Firm

The New York Stock Exchange is about to welcome its largest Bitcoin treasury firm to date. 

On Tuesday, Twenty One Capital confirmed that it will begin trading on the NYSE under the ticker symbol XXI starting December 9, 2025. The move comes only a day after shareholders finally approved the merger between Twenty One Capital and Cantor Equity Partners.

The merger is set to close on Monday, December 8. Only a day later, Twenty One Capital will join NYSE as the first Bitcoin-native company to list on the exchange, marking a historic milestone for cryptocurrency’s integration into traditional finance.

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Twenty One Capital, led by the well-known crypto entrepreneur Jack Mallers, was one of the hottest new additions to the corporate Bitcoin sector. Backed by major investors including Tether and SoftBank Group, the firm will debut with more than 43,000 Bitcoin on its balance sheet, worth around $4 billion. 

Once the company goes public on Tuesday, Twenty One Capital will become the third-largest publicly-traded Bitcoin firm in the world, behind only Marathon Digital Holdings Inc., with 52,000 BTC, and MicroStrategy, which holds around 650,000 BTC.

There are already several Bitcoin ETFs trading on the NYSE, including BlackRock's IBIT and Fidelity's FBTC. Twenty One Capital will aim to gain investors' appetite for Bitcoin by combining it with stocks of a company that will aim to significantly increase its shares-per-bitcoin ratio over time.