Cantor Fitzgerald Launches $2B Bitcoin Lending, First $100M Loan to FalconX With Anchorage, Copper as Custodians

Cantor Fitzgerald has officially launched a $2 billion Bitcoin-backed lending program, executing its first transactions with crypto firms FalconX and Maple Finance. The initiative is designed to provide institutional investors with access to leverage using their Bitcoin holdings as collateral, without requiring them to sell their assets.

The program targets institutional clients such as hedge funds and asset managers, with initial trades completed in May. Anchorage Digital and Copper are serving as custody partners to safeguard client assets used as collateral.

FalconX reportedly secured a $100 million loan backed by Bitcoin as part of the first deals. Cantor Fitzgerald manages Tether's U.S. Treasury reserves and expects to make up to $2 billion in financing available in the initial phase of the program.

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