SoftBank, Tether, Bitfinex Back $3B Bitcoin SPAC Led by Lutnick's Son

  • Brandon Lutnick, son of U.S. Commerce Secretary and Cantor Fitzgerald Chair Howard Lutnick, is spearheading a major bitcoin-backed investment initiative with the launch of a SPAC named Cantor Equity Partners. The venture is supported by crypto giants Tether, Bitfinex, and global investor SoftBank.