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BTC News: Wall Street Giant Cantor Debuts $2B Bitcoin Lending Business

  • Cantor Fitzgerald launched a $2 billion Bitcoin-backed lending program with its first transaction completed in July 2024 on Wall Street.
  • The program responds to renewed demand for crypto financing after major defaults in 2022 and aims to support Bitcoin investors' liquidity needs.
  • By April 2025, Cantor Fitzgerald collaborated with Tether, SoftBank, and Bitfinex to launch a $3.6 billion investment vehicle known as Twenty One Capital, which holds over 42,000 Bitcoin, while Maple Finance and FalconX obtained credit lines to support loan origination and distribution.
  • Christian Wall, co-CEO, emphasized that clients with bitcoin holdings seek to expand their funding options, underscoring the company's dedication to supporting their liquidity and long-term growth.
  • Cantor's move suggests increasing institutional credit scale in crypto, with plans to make Bitcoin loans a regular product despite market volatility.
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Coin Desk broke the news in Manila, Philippines on Tuesday, May 27, 2025.
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