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Cantor's $2 Billion Bitcoin Lending Business Makes First Transactions

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Investment banking giant Cantor Fitzgerald has kicked off its Bitcoin lending service, making deals with FalconX and Maple Finance.
Cantor Fitzgerald, a financial services firm, has launched a $2 billion Bitcoin lending desk and completed its first transactions, marking its entry into the cryptocurrency market. The firm aims to provide loans to institutional investors using Bitcoin as collateral, with loan terms ranging from one to six months. This move is part of Cantor Fitzgerald's broader strategy to expand its offerings in the digital asset space, leveraging its existing expertise in fixed income and capital markets. The launch of the lending desk comes at a time when interest in cryptocurrency lending is growing, driven by the increasing institutional adoption of digital assets.

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