$2 billion from the initial funding available with significant growth expected thereafter
Chairman Howard Lutnick make an announcement on Bitcoin 2024 in Nashville, Tennessee, United States
New York CityIndonesian: July 27, 2024 /PRNewswire/ — Cantor Fitzgerald, a leading global financial services firm, today announced plans to launch Bitcoin business financing to provide leverage to investors holding BitcoinThe company will be launched with $2 billion in initial financing and will continue to expand its operations substantially.
“Cantor Fitzgerald arranged and financed a large number of securities and commodities and, as a strong supporter Bitcoinnow will build an amazing platform to support Bitcoin investor financing needs,” he said. Howard LutnickCantor Fitzgerald Chairman“We are very enthusiastic to help open up Bitcoinits full potential and continue to bridge the gap between traditional finance and digital assets.”
To launch this effort, Cantor Fitzgerald will partner with several Bitcoin guard.
About Cantor Fitzgerald, LP
Cantor Fitzgerald, with over 12,000 employees, is a leading global financial services group at the forefront of financial and technology innovation and has been a proven and resilient leader for over 79 years. Cantor Fitzgerald & Co. is a leading investment bank serving over 5,000 institutional clients worldwide, known for its strengths in fixed income, equities, capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, commercial real estate, and infrastructure, and for its global distribution platform. Cantor Fitzgerald & Co. is one of 24 Primary Dealers authorized to transact business with the Federal Reserve Bank of New York City.
Howard W. LutnickChairman & Chief Executive Officer, leading Cantor Fitzgerald, LP, the parent company of Cantor Fitzgerald & Co.
SOURCE Cantor Fitzgerald, LP
