“Cantor Fitzgerald’s financial company has concluded the first agreements within the credit program secured by bitcoins worth $ 2 billion. This is reported by Bloomberg with reference to its own sources. The partners were the Falconx cryptocker and a decentralized Maple Finance lending protocol. Falconx attracted over $ 100 million through CANTOR credit initiative, calling it part of the “extended credit structure” for further scaling […]”, – WRITE: Businessua.com.ua
Cantor Fitzgerald’s financial company has concluded the first agreements within the credit program secured by bitcoins worth $ 2 billion. This is reported by Bloomberg with reference to Own sources.
The partners were the Falconx cryptocker and a decentralized Maple Finance lending protocol.
Falconx raised more than $ 100 million through Cantor credit initiative, calling it part of the “extended credit structure” for further scale of business.
Maple Finance also received funding, but the amount was not disclosed.
Recently, Brandon Lutnik, the son of the former head of Govard Lutnik, who was headed by the US Department of Commerce, became the chairman and CEO Cantor.
Recall that in April Cantor also founded Twenty One Capital in partnership with Tether, Softbank and Bitfinex. The company’s authorized fund will be 42,000 BTC. Of these, about 23,950 BTC will provide Tether, 10 500 BTC – SoftBank, and 7000 BTC – Bitfinex.
Tether purchased bitcoins for $ 459 million for Twenty One Capital
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