From Yahoo Finance: 2025-05-27 10:43:00

Wall Street investment bank Cantor has executed the first transaction of its new bitcoin lending business, aiming to offer $2 billion in financing. The first firms to secure financing include Maple Finance and FalconX, with over $1.8 billion in assets and a digital asset prime brokerage, respectively.

Cantor Fitzgerald announced its plan to launch the business in July, aiming to support bitcoin investors’ financing needs and broaden access to diverse funding sources for institutions holding bitcoin.

Christian Wall, co-CEO and global head of fixed income at Cantor, expressed excitement to support institutions’ liquidity needs to drive long-term growth and success for those holding bitcoin.

Cantor Fitzgerald not only manages stablecoin issuer Tether’s stockpile of U.S. Treasuries backing the $142 billion USDT stablecoin but also has a former CEO, Howard Lutnick, currently serving as the Secretary of Commerce and advocating for integrating BTC into traditional finance.

Read more: Wall Street Giant Cantor Debuts Bitcoin Lending Business With First Tranches to FalconX, Maple