ChainCatcher news: According to Coindesk, Howard Lutnick, CEO of Wall Street bond trading giant Cantor Fitzgerald, said at a Bitcoin conference that he would launch a Bitcoin financing business, provide leverage to Bitcoin holders, and launch $2 billion in loans.
It added: “The moral of the story is that we will welcome Bitcoin into the global financial markets’ financing family, and Cantor Fitzgerald will be your sponsor.”
Cantor Fitzgerald is reported to have processed U.S. Treasury transactions with stablecoin issuer Tether.
Earlier news, Cantor Fitzgerald CEO said at the 2024 Bitcoin Conference that he owned a large amount of Bitcoin.