Cantor Equity Partners (CEP) Stock Price Surges 100% Amid SPAC Launch with SoftBank and Tether
Cantor Equity Partners (CEP) shares doubled in value within 24 hours, trading at $33 as markets reacted to its SPAC venture with SoftBank and Tether. The 21 Capital initiative, backed by $200 million raised in January, fueled the rally while broader indices posted modest gains.
The collaboration signals growing institutional interest in hybrid traditional-crypto investment vehicles. Cantor Fitzgerald’s strategic positioning through CEP reflects accelerating convergence between legacy finance and digital asset ecosystems.