Wintermute Secures Game-Changing Bitcoin Credit Line from Wall Street Giant Cantor Fitzgerald
Another day, another crypto firm tapping traditional finance for liquidity—but this one’s got teeth. Market maker Wintermute just locked down a Bitcoin-backed credit facility from Cantor Fitzgerald, the 80-year-old investment bank that somehow still cares about digital assets.
Why it matters: When old-money institutions start underwriting crypto-native deals, it’s either a sign of maturity or desperation. (We’ll let you decide which.)
The punchline: Wintermute gets dry powder without selling BTC—smart move if you’re betting against the SEC’s war on spot ETFs. Cantor? They’re collecting fat interest while pretending they don’t smell the volatility.
Bottom line: The credit lines are flowing again. Just don’t ask what happens when Bitcoin dips 30% in a week.
