🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Cantor Fitzgerald SPAC Nears $4 Billion Bitcoin Deal With Adam Back: Report - Unchained
Wall Street giant Cantor Fitzgerald is reportedly in the final stages of a landmark deal involving its special purpose acquisition company (SPAC), Cantor Equity Partners 1, and renowned bitcoin pioneer Adam Back, co-founder and CEO of Blockstream.
The transaction is poised to be one of the largest institutional bitcoin acquisitions to date, according to a report from the Financial Times
Cantor Equity Partners 1, which raised $200 million in a January IPO, would acquire 30,000 BTC, worth over $3 billion.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
In exchange, Blockstream and Back are expected to receive shares in the newly formed entity, which will be renamed BSTR Holdings after the deal’s completion.
The SPAC also plans to raise up to $800 million from external investors to finance additional bitcoin purchases, potentially pushing the total value of the deal above $4 billion.
The deal would sharply increase Cantor Fitzgerald’s exposure to bitcoin, building on the firm’s earlier $3.6 billion crypto venture with SoftBank and Tether in April.