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Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program Coincu 25 Nov 2024

Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program 💸

Bitcoin Tether Cantor Fitzgerald

Cantor Fitzgerald, a global financial services firm, has announced the launch of a $2 billion Bitcoin Lending Program. This initiative will utilize Bitcoin as collateral, reflecting the firm's growing involvement in the cryptocurrency sector.

The program is structured in partnership with Tether, a well-known stablecoin in the crypto industry, which underscores Cantor Fitzgerald's commitment to expanding its crypto market engagement.

This development highlights the increasing institutional interest in cryptocurrency and the potential transformative impact of Bitcoin lending on financial markets.

Source: coincu.com ↗

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