Cantor Fitzgerald has launched a $2 billion Bitcoin lending initiative to cater to the rising demand for institutional capital in the digital asset space.
Maple Finance and FalconX were the first institutional clients to access the new credit facility, indicating high-profile borrowers being targeted by the program.
Cantor Fitzgerald's move to offer crypto-collateralized credit solutions aligns with the trend of traditional financial institutions entering the digital asset market.
Asset custody for the lending platform is managed by Anchorage Digital and Copper.co to ensure security and compliance standards for large-scale lending with volatile digital assets like Bitcoin.