
Cantor's $2 Billion Bitcoin Lending Business Makes First Transactions
Investment banking giant Cantor Fitzgerald has kicked off its Bitcoin lending service, making deals with FalconX and Maple Finance.[...]
Cantor's Bitcoin Lending Business Launches, Highlighting Wall Street's Crypto Embrace
Cantor Fitzgerald, the investment banking giant, has launched its Bitcoin lending business, marking a major step in cryptocurrency's integration with traditional finance.
The firm completed its first transactions with prime broker FalconX and crypto lending protocol Maple Finance. Cantor plans to make up to $2 billion in financing available during this initial phase.
Wall Street Meets Crypto
"Early on, Cantor recognized the transformative impact digital asset financial services would have on the global economy," said Cantor Chairman Brandon Lutnick. "This achievement highlights how Cantor's expertise creates a distinct advantage on Wall Street and strengthens our position as a leading investment bank for crypto clients."
The move demonstrates growing institutional interest in cryptocurrency, as traditional finance firms build infrastructure to support digital assets. Cantor is partnering with crypto platforms Anchorage Digital and Copper to safeguard clients' digital assets as collateral managers and custodians.
Growing Institutional Adoption
This development coincides with Twenty One, a new Bitcoin company, preparing to list on Nasdaq through a SPAC merger with Cantor Equity Partners. The company already holds a Bitcoin treasury worth nearly $459 million, purchased by stablecoin issuer Tether.
As crypto and traditional finance continue converging, Cantor's Bitcoin lending business represents a significant evolution in digital asset services, further cementing Wall Street's acceptance of cryptocurrency.