Twenty One's stock plummeted over 26% intraday on its first day of trading, and is currently trading at $10.5.

BlockBeats News, December 9th, according to market data, Bitcoin investment company Twenty One (stock code XXI), backed by Cantor Fitzgerald and Jack Mallers, dropped 26.42% intraday on its first day of listing on the NYSE, currently trading at $10.5.

Prior reports indicated that as part of the listing settlement process, the Twenty One Capital team will transfer over 43,500 bitcoins from the custody account back to their own custody account and will update the corresponding proof of reserve upon completion.