At the Bitcoin 2024 Conference, Cantor Fitzgerald announced plans to launch a $2 billion Bitcoin financing business, offering loans against spot Bitcoin.
This marks the firm’s significant move into the crypto sector, aiming to bridge traditional finance and digital assets.
During last week’s Bitcoin 2024 Conference event, Cantor Fitzgerald – one of the largest traditional finance brokers – announced its plans to launch a Bitcoin financing business for those who are willing to borrow against the cryptocurrency.
As a result, the TradFi giant plans to start a lending pool of $2 billion initial capital, and would increase by blocs of 42 billion further if need be. Cantor Fitzgerald is among the first prime brokers from TadFi to get involved with the sector, while offering lending against spot Bitcoin. Howard Lutnick, Chairman of Cantor Fitzgerald said:
Cantor Fitzgerald arranges and finances vast amounts of securities and commodities and, as strong supporters of Bitcoin, will now b

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/billion-dollar-asset-manager-to-launch-bitcoin-lending-service/?utm_source=rss&utm_medium=rss&utm_campaign=billion-dollar-asset-manager-to-launch-bitcoin-lending-service