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.