Leading investment bank Cantor Fitzgerald has taken its first major step into the digital asset market.
The firm has launched a new lending initiative called the “Bitcoin Financing Business”, with a funding goal of $2 billion. As part of this effort, it has already finalized deals with FalconX Ltd. and Maple Finance.
Cantor Fitzgerald President Brandon Lutnick emphasized that the move reflects the company’s early recognition of the transformation happening in the digital asset space, while Maple Finance CEO Sidney Powell noted the growing demand for institutional access to crypto.
To ensure secure lending operations, the firm is partnering with Anchorage Digital and Copper.co. Cantor also plays a key role in managing Tether’s U.S. Treasury reserves and was recently linked to a $3 billion Bitcoin investment initiative alongside SoftBank, Tether, and Bitfinex.