Crypto Daily – Cantor Fitzgerald announced plans to open a $2 billion financing initiative at the Bitcoin 2024 conference. The initiative will offer leverage and security for Bitcoin (BTC) holders.
Cantor Fitzgerald CEO Howard Lutnick announced the business, which will launch with $2 billion in initial financing.
Cantor Fitzgerald Makes Major Announcement
According to a press release issued by Cantor Fitzgerald, the new business will provide BTC holders leverage. CEO Howard Lutnick stated at the Bitcoin 2024 conference,
“We are going to launch with $2 billion in lending and increase the facility in $2 billion tranches as needed. We are going to welcome Bitcoin into the financing family of the global financial markets. We will build the best platform for financing Bitcoin, work with the best custodians, and be committed to your Bitcoin ecosystem.”
Cantor Fitzgerald will partner with select Bitcoin custodians for its new endeavor,…
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