$BTC
Cantor Fitzgerald completed its first deals in the new “Bitcoin Finance Business”, providing up to $2 billion in financing to institutional clients. Wall Street plans to make up to $2 billion available to customers through deals with Maple Finance and FalconX. The partnership aims to build an institutional credit infrastructure of the institutional grade necessary for well-functioning capital markets. Cantor Fitzgerald uses Anchorage Digital and Copper.co for custody services. The announcement follows a report published by the Financial Times last April that Cantor Fitzgerald was planning a $3 billion Bitcoin investment project.