Bitcoin firm Twenty One Capital drops 20% on first day of trading - Source: CoinTelegraph

Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners.

Twenty One Capital opened trading on Tuesday at $10.74, below the closing price of $14.27 on Monday for Cantor’s special purpose acquisition company that it merged with.

Story continues: https://cointelegraph.com/news/twenty-one-capital-drops-20-percent-trading-debut