Wall Street bond trading giant Cantor Fitzgerald announces the launch of a $2 billion Bitcoin financing business
ChainCatcher news, according to Cointelegraph, Wall Street bond trading giant Cantor Fitzgerald's CEO Howard Lutnick stated at the Bitcoin conference that they will launch a Bitcoin financing business, providing leverage for Bitcoin holders with a $2 billion loan.He added, "The moral of the story is that we will welcome Bitcoin into the financing family of the global financial markets, and Cantor Fitzgerald will be your sponsor."It is reported that Cantor Fitzgerald has already handled U.S. Treasury transactions with stablecoin issuer Tether.Previous news, Cantor Fitzgerald CEO stated at the 2024 Bitcoin conference that they hold a large amount of Bitcoin.