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Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program With First Loans to FalconX, Maple Finance, Anchorage Custody

Cantor Fitzgerald has officially launched a $2 billion Bitcoin-backed lending program, marking its entry into crypto-backed financing
By: DeepNewz
Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program With First Loans to FalconX, Maple Finance, Anchorage Custody

Cantor Fitzgerald has officially launched a $2 billion Bitcoin-backed lending program, marking its entry into crypto-backed financing. The firm has completed its first loans by providing financing to cryptocurrency companies FalconX Ltd. and Maple Finance. The lending initiative targets institutional clients such as hedge funds and asset managers, with Anchorage and Copper serving as custody partners for the Bitcoin collateral. This move underscores Wall Street's growing involvement in the cryptocurrency sector and reflects increasing confidence in Bitcoin's stability and role within the global financial system. Cantor Fitzgerald also manages Tether's substantial U.S. Treasury reserves, highlighting its significant presence in both traditional and digital finance.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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