Cantor Fitzgerald has launched a $2 billion loan program backed by Bitcoin, with the first deals already closed.
In collaboration with Tether, SoftBank, and Bitfinex, Cantor created a $3.6 billion fund called Twenty One Capital holding over 42,000 Bitcoin.
FalconX and Maple Finance have utilized the new loan facility, indicating growing interest in crypto financing from trusted names.
While big investors like Cantor Equity Partners are showing confidence in Bitcoin, caution is advised due to the volatile nature of the cryptocurrency market.