Cantor completed the first Bitcoin financing transaction with Maple and FalconX

GateNews

2025-05-28 07:05:59

BTC-1,91%

Gate News bot message, Wall Street firm Cantor Fitzgerald announced on Tuesday that its new “Bitcoin Financing Business” has completed its first transactions.

The company plans to initially offer up to $2 billion in financing to institutional clients and stated that it has completed its first transactions with Maple Finance and FalconX.

Cantor stated that it is using Anchorage Digital and Copper.co to provide custody services.

In April, the Financial Times reported that Cantor Fitzgerald was collaborating with SoftBank, Tether, and Bitfinex to launch a $3 billion Bitcoin investment project.

The current chairman of Cantor is Howard Lutnick’s son, the former CEO of the company, who has stepped down to serve as the U.S. Secretary of Commerce under the Trump administration.

Source: The Block

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments