2024

Bitcoin

Billion

During the Bitcoin 2024 conference, Howard Lutnick, a millionaire and the Chairman and CEO of Cantor Fitzgerald, a financial services company, unveiled the introduction of a <a href="https://optimisus.com/news/crypto-news/43-7-of-crypto-participants-expect-bitcoin-to-exceed-100000-this-cycle-coingecko-reports/" rel="noopener noreferrer nofollow">Bitcoin</a> lending initiative.  
The corporation publicly disclosed its Bitcoin holdings and advocated for the legalization of Bitcoin in the United States. Lutnick emphasized the company's substantial holdings of BTC and his steadfast backing of the cryptocurrency community.  
He engaged in discussions regarding the 9/11 terrorist attacks and the company's endorsement of Bitcoin. The $2 billion investment by Cantor Fitzgerald in the Bitcoin lending industry could serve as a favorable indication to other financial institutions and the overall market.  
The company intends to establish a Bitcoin lending enterprise with an initial investment of $2 billion and anticipates augmenting it as the business expands. Bitcoin investors will receive funds, which is a move towards institutional acceptance of crypto.  
Lutnick highlighted the underlying reason for the decision, emphasizing that it establishes a connection between traditional finance and digital assets. 
The post <a href="https://optimisus.com/market/market-news/cantor-fitzgerald-plans-to-launch-2-billion-bitcoin-lending-program/" rel="noopener noreferrer nofollow">This Financial Service Company Introduces a $2 Billion Bitcoin Lending Program</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

This Financial Service Company Introduces a $2 Billion Bitcoin Lending Program

Optimisus

Інші статті, опубліковані 28 лип. 2024 р.

Top Selling NFTs This Week – SMB, Pudgy Penguins & Bored Ape Lead In Sales Volume

Trump’s Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27

Analysts Predict a 1000% Surge by Q4 2024 for This Shiba Inu (SHIB) Competitor Currently Priced A...

Technical Indicators Show Strong Bitcoin Bullishness – New ATH On The Horizon?

Was Trump's Bitcoin Speech at Nashville the Push Everyone Hoped For?

Altcoins Set to Pump When Bitcoin Reaches $70K By the End of 2024

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!