Stablecoin issuer Tether has bought about 26 percent of Twenty One Capital held by SoftBank Group, Cointelegraph reported on Tuesday. The purchase price was not disclosed. SoftBank was an early investor in Twenty One Capital, which launched in 2025 as a bitcoin treasury company backed by Cantor Fitzgerald and led by Jack Mallers. SoftBank-appointed directors will step down from the board following the ownership change.

Nvidia’s market value surpassing $5 trillion is directly affecting the cryptocurrency market as expectations grow for AI-linked tokens. Traders are watching Nvidia’s performance and AI equipment investment trends as key variables for tokens such as Bittensor (TAO), Render (RNDR) and Fetch.ai (FET). Nvidia shares recently traded around $222 to $230 and hit a record close of $236.74 on May 14. Big tech firms are expected to invest $660 billion in AI infrastructure in 2026.