Cantor Fitzgerald has quietly made its entry into the Bitcoin lending space, nearly a year after unveiling its crypto ambitions.
The Wall Street powerhouse has now issued BTC-backed loans to both FalconX and Maple Finance, marking its first live transactions in the sector.
FalconX confirmed it secured a lending facility worth over $100 million, while Maple Finance began drawing from a separate agreement. These deals allow firms to borrow against Bitcoin holdings without needing to sell, offering institutional players an alternative route to liquidity. The initiative is part of Cantor’s $2 billion crypto financing venture announced in mid-2024, with Anchorage Digital and Copper managing custody and collateral duties.
While traditional credit markets operate under clear regulations, crypto lending remains a more volatile frontier. This was evident during the sector’s 2022 meltdown, which saw major players like Celsius and BlockFi collapse under poor risk practices and exposure to failing exchanges like FTX.
Despite a 43% drop from its $64.4 billion peak in 2021, the crypto credit market still held $36.5 billion in outstanding loans by the end of 2024, according to Galaxy Research. Notably, onchain lending platforms have seen a significant rebound, with open borrow positions reaching $19.1 billion—up nearly tenfold since late 2022.
Cantor’s move underscores growing institutional interest in Bitcoin finance. With a legacy dating back to 1945 and a client base across 20 countries, the firm is bringing traditional infrastructure to the digital asset space. CEO Howard Lutnick, a vocal advocate for treating Bitcoin like gold, has also been a prominent figure in policy circles, recently joining Donald Trump’s transition team and managing a portion of Tether’s U.S. Treasury reserves following a 5% stake in the company.
According to new data shared by Bitcoin Magazine Pro, publicly traded companies now collectively hold over 844,822 BTC, valued at more than $100.5 billion, marking a historic milestone for institutional Bitcoin adoption.
Trump Media and Technology Group, the parent company of Truth Social, Truth+, and Truth.Fi, has officially disclosed that it now holds approximately $2 billion in Bitcoin and Bitcoin-related securities.
Michael Saylor’s Strategy has confirmed another major Bitcoin purchase, acquiring 6,220 BTC last week for approximately $739.8 million.
Bitcoin’s derivatives market is heating up, with open interest climbing back to $42 billion while funding rates continue to surge.