menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Cantor Fit...
source image

TronWeekly

1w

read

403

img
dot

Image Credit: TronWeekly

Cantor Fitzgerald Launches $2B Bitcoin Lending Facility, Funds FalconX and Maple

  • Cantor Fitzgerald has launched a $2 billion bitcoin-based lending program to provide financial support to cryptocurrency firms like FalconX and Maple Finance.
  • Crypto lending market rebounds to $36.5 billion in Q4 2024 after downturns in 2022, showing signs of recovery.
  • Cantor Fitzgerald aims to enhance liquidity for Bitcoin institutions by providing a $2 billion credit facility, marking its strategic role in crypto financing and market revival.
  • FalconX and Maple Finance are among the initial recipients of Cantor Fitzgerald's bitcoin-backed credit facility, offering new liquidity options to institutions in the institutional crypto market.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app