U.S. Secretary of Commerce’s Company Cantor Fitzgerald Makes New Bitcoin Move

U.S.-based investment bank Cantor Fitzgerald LP has launched a $2 billion Bitcoin-backed loan program, providing financing to cryptocurrency companies FalconX Ltd. and Maple Finance. According to statements from the three companies, these agreements are the first steps of Cantor’s new crypto-focused initiatives. Cryptocurrency brokerage FalconX announced that it has secured Bitcoin-backed financing under a “broad credit framework” planned to exceed $100 million with Cantor, while Maple Finance said it has closed the first part of a credit package with Cantor. Related News: JUST IN: Donald Trump Makes New Move on Cryptocurrency: This Time It’s Big The funding move is the latest in a string of notable forays into the crypto space by Cantor, who stepped down as CEO in February to become U.S. Commerce Secretary after Howard Lutnick launched a subsidiary of the investment bank, Tether Holdings SA, and SoftBank Group in April 2025 to form Bitcoin accumulation venture Twenty One Capital Inc. The crypto-backed lending market, which was shaken by the collapse of major companies such as Celsius Network Ltd. and BlockFi Inc. in 2022, is showing signs of recovery. Recently, Bitcoin software firm Blockstream Corp. received a high-level investment, while crypto asset manager Xapo Bank began offering Bitcoin-backed loans of up to $1 million in March. Cantor announced a $2 billion loan initiative in July 2024 to offer leveraged financing to Bitcoin holders. *This is not investment advice. Continue Reading: U.S. Secretary of Commerce’s Company Cantor Fitzgerald Makes New Bitcoin Move

Source: BitcoinSistemi