Cantor's $2 Billion Bitcoin Lending Business Makes First Transactions
Cantor's Bitcoin lending business has initiated its first transactions, partnering with FalconX and Maple Finance for financing. The firm plans to offer up to $2 billion in financing during this initial phase. Cantor Chairman Brandon Lutnick emphasized the importance of digital asset financial services in the global economy, positioning Cantor as a leading investment bank for crypto clients. The initiative reflects the growing convergence of crypto and traditional finance. Cantor's Bitcoin financing business was launched in July, aiming to provide leverage to Bitcoin investors. FalconX's Josh Barkhordar noted the need for institutional-grade credit infrastructure in digital assets. Cantor is utilizing Anchorage Digital and Copper for safeguarding clients' digital assets, with Anchorage having received a federal charter to provide services to banks.
