Cantor Executes First Transaction in New Bitcoin Lending Business
Cantor Fitzgerald has launched its bitcoin lending business, completing its first transaction as part of a $2 billion financing initiative. Key points include:
- Initial financings secured by Maple Finance and FalconX.
- Maple Finance manages over $1.8 billion in assets.
- The platform aims to support institutions with bitcoin liquidity needs.
- Co-CEO Christian Wall emphasized the importance of diverse funding sources for bitcoin holders.
- Cantor also oversees Tether’s U.S. Treasuries supporting the USDT stablecoin.