Cantor Fitzgerald Jumps Into Crypto Lending: $2B Bitcoin Play Goes Live
Wall Street’s latest crypto convert just placed its first bets—and they’re big. Cantor Fitzgerald, the financial giant that once scoffed at Bitcoin, just executed its inaugural transactions in a $2 billion digital asset lending business. Talk about a change of heart.
Why the pivot? Maybe those 10% yields on BTC collateral finally looked better than another round of yacht-fueled stock buybacks. The institutional floodgates are open—whether the crypto purists like it or not.
One question remains: When the next crash comes, will Cantor’s ’risk management’ team remember they’re dealing with crypto—not another round of mortgage-backed securities?