Cantor Fitzgerald has outlined plans to launch a $2 billion Bitcoin-backed lending program to provide leverage to Bitcoin investors. The initiative seeks to provide collateral to institutional investors holding Bitcoin, mirroring the services offered in traditional finance.
Fitzgerald has collaborated with Anchorage Digital, a federally chartered crypto bank to manage collateral, and Copper.co to offer real-time lending tracking. With this initiative, institutional investors have access to Bitcoin-backed financing services.