Cantor Fitzgerald Don Start $2B Bitcoin-Backed Lending Program for Institutions, E Be Sign Say Traditional Finance Don Dey Enter Crypto.

Cantor Fitzgerald, wey be big investment bank for Wall Street, don start $2 billion bitcoin-backed lending program for big investors like asset managers and hedge funds. This move show say traditional finance dey accept crypto-backed credit solutions well-well now. The program go let institutions borrow with bitcoin (BTC) as collateral without selling wetin dem get, so dem go get money to spend while still keeping their crypto. Some of the first big customers na FalconX, wey collect over $100 million credit, and Maple Finance, wey be blockchain-based lending platform wey collect dem first loan part. Cantor Fitzgerald say dem go make sure say the loans dey fully regulated, get collateral, and no be for speculation, and dem dey partner with Anchorage Digital and Copper.co for safe storage. This plan match with how digital asset lending market dey bounce back, wey reach $36.5 billion for Q4 2024 after e fall before. This launch dey build on Cantor Fitzgerald's former crypto efforts, like bitcoin acquisition funds and stablecoin partnerships, wey show say traditional finance and DeFi dey integrate fast-fast. For crypto traders, this development mean say bitcoin-backed lending don get more credibility, liquidity, and institutional support, and e fit change market dynamics and make digital assets dey accepted by more people.