Cantor

Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake

Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake

Howard Lutnick, US President-elect Donald Trump’s pick for Commerce Secretary, aims to launch a $2 billion project to lend dollars to clients who supply Bitcoin as collateral, according to Bloomberg citing people familiar with the matter on Nov. 24. Funding for the program will start at $2 billion and is “expected to eventually reach into […]

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Cantor Fitzgerald CEO: Bitcoin Dipping its Toe into Global Finance

Cantor Fitzgerald CEO: Bitcoin Dipping its Toe into Global Finance

In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to the TradFi community over the past five years, and it’s only now “dipping its toe into global finance.” He added that his firm, Cantor Fitzgerald, will help the traditional finance sector onboard Bitcoin as it

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Cantor Fitzgerald Announces $2 Billion Bitcoin Financing Initiative

Cantor Fitzgerald Announces $2 Billion Bitcoin Financing Initiative

Cantor Fitzgerald announced that it will open a Bitcoin financing business. The business will provide leverage to investors who hold Bitcoin and will launch with $2 billion in initial financing. Bitcoin Financing Business At the Bitcoin Conference 2024, Cantor Fitzgerald CEO and Chairman Howard Lutnick said on stage, “We will build the best platform for

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