Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians
The investment firm is finally rolling out its Bitcoin financing business, which allows institutional investors to leverage their crypto holdings.
Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.
In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings.
Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said.
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Author: Sam Bourgi
