Twenty One Capital is poised to become the third-largest Bitcoin treasury company after merging with Cantor Equity Partners and securing Bitcoin contributions from Tether and Bitfinex. The firm will be launched through a SPAC merger, aiming for a treasury of at least 42,000 Bitcoin worth approximately $3.9 billion. Meanwhile, CME Group is set to launch XRP futures on May 19, entering a competitive market alongside Coinbase and Kraken, which have already established their own futures contracts. Additionally, Upexi saw its shares surge by 335% after announcing plans for a Solana treasury funded by a $100 million raise. Upexi's strategy is focused on accumulating Solana and implementing a long-only investment approach. Other notable developments include Riot Platforms securing a $100 million credit line from Coinbase and Semler Scientific increasing its Bitcoin holdings to $314 million, despite mixed reactions from shareholders regarding their investments in cryptocurrency-related ventures.

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