Twenty One Capital Inc. fell 25% in its trading debut Tuesday, after it merged with special-purpose acquisition company Cantor Equity Partners Inc. to become the latest public crypto company.
Shares of the Austin, Texas-based Bitcoin treasury company opened at $10.74 each on Tuesday, below the Cantor SPAC’s closing price of $14.27.
Read More: Bitcoin Firm Twenty One Falls 25% After Cantor Equity Merger
