2W
...

Wall Street is warming up to Bitcoin and getting closer and closer to it.
Cantor Fitzgerald, one of the oldest and most respected investment banks on Wall Street, has launched a $2 billion bitcoin-backed lending program.
They’ve reportedly already done their first deals, lending to two big digital asset companies: FalconX and Maple Finance.
This is a big step in connecting traditional finance to the fast-moving world of Bitcoin.
Cantor’s new service allows big investors, hedge funds and asset managers, to borrow money using bitcoin as collateral.
This is a game changer for institutions that hold bitcoin, as they can now access liquidity without having to…
Read more on bitcoinnews