📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Bitcoin company Twenty One raised an additional $100 million, bringing its total funding to $685 million.
Gate News bot message, documents submitted to the SEC on Thursday indicate that Bitcoin fund management company Twenty One Capital raised an additional $100 million through convertible preferred secured notes, bringing its total funding to $685 million. The company is currently advancing its merger plan with Nasdaq-listed Cantor Equity Partners (CEP).
Regulatory documents show that the new financing comes from existing investors and sponsors who exercised their option to purchase more notes (originally granted in the financing round in April).
The coupon rate of the new notes is 1%, and the maturity date is 2030. The newly added $100 million plus the initially committed $385 million brings the total note financing to $485 million. This does not include the $200 million private investment public equity (PIPE) plan disclosed last month.
Twenty One Capital was launched by Cantor’s Brandon Lutnick through a SPAC structure, with notable owners including iFinex and Tether, and will be led by Strike CEO Jack Mallers.
Source: CoinDesk