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Wall Street Titan Cantor Fitzgerald Bets Big on Crypto—With a Golden Twist

Wall Street Titan Cantor Fitzgerald Bets Big on Crypto—With a Golden Twist

Author:
Coindesk
Published:
2025-05-29 18:03:35
6
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Wall Street Giant Cantor Fitzgerald to Launch Gold-Backed Bitcoin Fund

In a move that screams ’hedge your bets,’ legacy finance heavyweight Cantor Fitzgerald is bridging the gap between old-school and crypto with a gold-backed Bitcoin fund. Because apparently, even Wall Street needs training wheels when diving into digital assets.

The fund—likely aimed at institutional investors who still sleep with a bar of bullion under their pillows—signals growing acceptance of crypto... as long as it’s wrapped in something shiny they understand. How very 2025.

Funny how gold—the original ’store of value’—now plays second fiddle to Bitcoin’s volatility. The irony isn’t lost on crypto natives watching traditional finance slowly eat its own ’digital gold’ narrative.

|Square

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