Cantor Fitzgerald to expand Bitcoin financing in the middle of the US political shift
Investment Bank Cantor Fitzgerald reflects the growing hug of the United States of Bitcoin and has announced partnerships with Anchorage Digital and Copper.co to support the growing global Bitcoin financing business.
Anchorage Digital and Copper.co will act as a collateral manager and custodian banks for Cantor Fitzgerald and offer institutional investors who hold Bitcoin a lever. Anchorage Digital and Copper will use your industry -leading security solutions for custody and the protection of customer assets.
“We are pleased to work with Anchorage Digital and Copper, whose industry guidelines for security solutions will help us to offer our customers first-class digital asset consort services,” said Michael Cunningham, head of Bitcoin financing at Cantor Fitzgerald. “We start with an initial financing of 2 billion US dollars and expect to significantly increase operations over time over time.”
In view of the first investment in Bitcoin financing of Cantor Fitzgeralds, 2 billion US dollars signals this partnership an important step in the mainstream finance institutions that take Bitcoin as a legitimate investment class.
Nathan McCauley, CEO and co-founder of Anchorage Digital, added: “Our partnership is an important step for the Bitcoin financing ecosystem-in the security of state-regulated digital asset sorody. By combining the best traditional finances with the best of crypto, we expand the horizon of what is possible for institutions in Bitcoin. “
This partnership takes place when President Donald Trump’s administration continued to promote the Pro-Bitcoin guidelines, including the creation of a strategic Bitcoin reserve and the reversal of the former regulatory hostility to the management of Joe Biden.
The US Securities and Exchange Commission (SEC) recently lifted the Personal Accounting Bulletin 121, which had previously prevented banks from offering Bitcoin Service Services. The Compotroller of the Currency (OCC )’s office then made it clear that banks are now allowed to participate Bitcoin and Krypto services, including wealth custody. This shift has contributed to expanding the way for large financial institutions such as Cantor Fitzgerald to expand into Bitcoin services.
Cantor Fitzgerald President Howard Lutnick, who now acts as Minister of Commerce of the United States, was instrumental in this layer. Lutnick has worked closely with President Trump on initiatives such as the strategic Bitcoin reserve, a key components of the administration’s crypto strategy.
“Institutional investors are increasingly trying to diversify their portfolios and identify safe paths to the digital asset market,” said Amar Kuchinad, CEO from Copper. “This significant partnership with Cantor Fitzgerald will satisfy the growing demand for sophisticated financing solutions, whereby the lending of Copper.co and the collateral management platform offer a complete tool kit for safe and strategic financial processing.”
