$2 billion of initial financing available with significant growth expected thereafter
Chairman Howard Lutnick made announcement at Bitcoin 2024 in Nashville, TN
Cantor Fitzgerald, a leading global financial services firm, announced plans to launch a Bitcoin financing business to provide leverage to investors who hold Bitcoin. The firm will launch with $2 billion in initial financing and will continue to substantially grow the operation.
“Cantor Fitzgerald arranges and finances vast amounts of securities and commodities and, as strong supporters of Bitcoin, will now build an incredible platform to support Bitcoin investors’ financing needs,” said Howard Lutnick, Chairman of Cantor Fitzgerald. “We are excited to help unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets.”
To launch the effort, Cantor Fitzgerald will partner with select Bitcoin custodians.
Source: Cantor Fitzgerald
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