Cantor Fitzgerald Launches $2 Billion Bitcoin-Backed Lending Program
May 28, 2025 am 10:02 AM
Cantor Fitzgerald LP has officially launched a $2 billion Bitcoin-backed lending program, marking its entry into crypto-backed financing. By DeepNewz. Curated by The Defiant.
Cantor Fitzgerald LP has officially launched a $2 billion Bitcoin-backed lending program, kicking off its foray into crypto-backed financing. The firm has already completed its first loans with several transactions.
Earlier this month, Cantor Fitzgerald completed the financing of cryptocurrency trading firm FalconX Ltd. with Bitcoin-collateralized credit, according to people familiar with the matter. These transactions, which began in May, also saw Cantor Fitzgerald providing bitcoin-backed financing to yield-envelope provider Maple Finance and an institutional client, a hedge fund or asset manager, said the sources, who requested anonymity as the matters are private.
For these initial transactions, which were executed in May, Cantor Fitzgerald is using the services of Anchorage and Copper for custody of the bitcoin assets.
The report comes as Cantor Fitzgerald, which manages the bulk of Tether's U.S. Treasury reserves, is aiming to increase confidence in bitcoin’s stability and role within the global financial system.
Last month, Cantor Fitzgerald announced plans to launch a $2 billion bitcoin-backed lending program as part of its broader initiative to integrate traditional Wall Street capital with the cryptocurrency industry. The firm is making an entry into the crypto-backed financing market with this initiative.
Earlier this year, Cantor Fitzgerald disclosed its intent to invest $500 million in digital assets by the end of 2023, as reported by Bloomberg.
The post Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program With First May Loans to FalconX and Maple Finance, Anchorage Custody appeared first on The Defiant.
This article is an addition to an earlier report by The Defiant on May 25.
For more information, including relevant articles and original sources, please visit DeepNewz.io
This article is part of an integration with ChatGPT where we asked the AI to create an original news article.
Our articles are stored on Filecoin.
News data source: kdj.com
The above is the detailed content of Cantor Fitzgerald Launches $2 Billion Bitcoin-Backed Lending Program. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undress AI Tool
Undress images for free
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
Ouyi okx exchange v6.118.0 official IOS version download address
May 07, 2025 pm 06:09 PM
The latest download address of Ouyi OKX6.118.0 version: 1. Click on the shortcut link in the article; 2. Click on the download (if you are a web user, please register the information first). The latest Android version v6.118.0 optimizes some functions and experiences to make trading easier. Update the app now to experience a more extreme trading experience.
How reliable is Binance Plaza?
May 07, 2025 pm 07:18 PM
Binance Square is a social media platform provided by Binance Exchange, aiming to provide users with a space to communicate and share information related to cryptocurrencies. This article will explore the functions, reliability and user experience of Binance Plaza in detail to help you better understand this platform.
How to enter the bull market in May 2025? Recommended on entry exchanges
May 12, 2025 pm 08:51 PM
Recommended exchanges for bull market in May 2025: 1. Binance; 2. OKX; 3. Huobi; 4. gate.io; 5. Sesame Open Door and other exchanges. The above exchanges are safe and reliable, and support a variety of currencies. This article provides detailed download portal addresses.
2025 Binance Binance Exchange Latest Login Portal
May 07, 2025 pm 07:03 PM
As the world's leading cryptocurrency exchange, Binance is always committed to providing users with a safe and convenient trading experience. Over time, Binance has continuously optimized its platform features and user interface to meet the changing needs of users. In 2025, Binance launched a new login portal aimed at further improving the user experience.
How to register in the ok exchange in China? ok trading platform registration and use guide for beginners in mainland China
May 08, 2025 pm 10:51 PM
In the cryptocurrency market, choosing a reliable trading platform is crucial. As a world-renowned digital asset exchange, the OK trading platform has attracted a large number of novice users in mainland China. This guide will introduce in detail how to register and use it on the OK trading platform to help novice users get started quickly.
The latest entrance address of Binance Exchange in 2025
May 07, 2025 pm 07:00 PM
As the world's leading cryptocurrency exchange, Binance is always committed to providing users with a safe and convenient trading experience. Over time, Binance has continuously optimized its platform features and user interface to meet the changing needs of users. In 2025, Binance launched a new login portal aimed at further improving the user experience.
How to reduce Binance
May 07, 2025 pm 07:12 PM
Binance, as the world's leading cryptocurrency trading platform, provides users with a variety of ways to trade and manage assets. Reducing positions, that is, selling part of the positions to reduce risks, is a common strategy for traders. This article will introduce in detail how to reduce positions on the Binance platform.
Free spot websites What are the top ten spot software websites
May 26, 2025 pm 07:18 PM
Websites that can watch spot for free are: 1. Binance; 2. OKX; 3. Huobi; 4. Gate.io... These platforms not only enjoy a high reputation in the industry, but also provide a series of innovative and comprehensive trading services. This article covers established exchanges (such as Huobi and gate.io) as well as professional platforms focusing on specific fields (such as MEXC), providing traders with a variety of options.