Jack Mallers–led Twenty One Capital will begin trading on the New York Stock Exchange under ticker XXI on December 9. The move positions the firm as the latest Bitcoin-focused company to go public amid a friendlier regulatory backdrop under President Trump.

Twenty One Capital, Inc., led by Jack Mallers and backed by Tether and SoftBank, is set to become the third-largest Bitcoin treasury with over 42,000 Bitcoin. Trading under symbol "XXI", the company raised $585 million to buy more Bitcoin and fuel operations.