SoftBank (UK) made an investment of millions of dollars in ZT recently. It was also the first investment project of SoftBank (UK) in the layout of the blockchain industry.
SoftBank SPAC IPO will be overseen by SoftBank Investment Advisers which also runs the Vision Fund. Besides, Goldman Sachs Group and Citigroup will underwrite the deal.
Through its $100 billion Vision Fund, SoftBank bought nearly $4 billion in shares of Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Netflix (NASDAQ: NFLX). Moreover, SoftBank purchased a stake in Tesla (NASDAQ: TSLA).
During the meeting of SoftBank executive Marcelo Claure with WeWork employees, he tried to assure the staff that the things would be soon improved.