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Cantor Fitzgerald Launches Bitcoin Financing Business with $2 Billion in Initial Funding
Cantor Fitzgerald has partnered with Copper and Anchorage Digital as custodians for its new bitcoin financing business aimed at institutional investors.
- The initiative launches with $2 billion in initial financing.
- Plans to expand the operation significantly over time.
- Previously announced in July, the platform focuses on supporting Bitcoin investors' financing needs.
- Cantor Fitzgerald also manages Tether's U.S. Treasuries for backing the $142 billion USDT stablecoin.
- Former CEO Howard Lutnick advocates for integrating Bitcoin into traditional finance.