Maple Finance Collaborates with Cantor Fitzgerald for Bitcoin Credit Service**
Maple Finance successfully obtained Bitcoin (BTC) based financing from Cantor Fitzgerald, part of a program worth US$2 billion that supports FalconX. This initiative aims to give leverage to Bitcoin holding institutions and restore the confidence of the crypto loan market after major failures such as Celsius and BlockFi in 2022.
This facility allows Maple Finance to accelerate expansion as a digital asset credit provider. CEO Sidney Powell said this partnership is important to meet institutional demand for secure and regulated crypto credit access, as well as strengthening Maple's position in the institutional sector.
Cantor Fitzgerald, who is increasingly active in the crypto sector through cooperation with Tether and SoftBank, sees this move as a strategy to expand digital asset finance. Anchorage Digital acts as a custodian, ensuring the safe storage and settlement of Bitcoin transactions.
The crypto loan market began to recover, with total loans reaching US$36.5 billion by the end of 2024. Maple's involvement in the Cantor program reflects a new momentum in the institutional crypto lending sector, supported by structured financing and increasing market confidence.
