CandleFocus

Cantor Fitzgerald taps Anchorage, Copper for $2b Bitcoin financing push

Cantor Fitzgerald taps Anchorage, Copper for $2b Bitcoin financing push
Cantor Fitzgerald, a leading financial services firm in the US, has chosen Anchorage Digital and Copper.co as its launch partners for its upcoming Bitcoin financing business. Cantor, which offers investment banking, asset management, capital markets, and digital assets services, confirmed an initial $2 billion in funding for the new BTC venture. Anchorage Digital and Copper will act as collateral managers and custodians in this partnership. Cantor plans to extend leverage to institutional customers holding Bitcoin and aims to provide best-in-class digital asset custody services. The collaboration is seen as a major step forward for the Bitcoin financing ecosystem and demonstrates Cantor's support for the cryptocurrency.

Related News