Wintermute Secures Bitcoin-Backed Credit Line from Cantor Fitzgerald’s $2 Billion Financing Initiative

On June 30, CoinDesk reported that Wintermute, a prominent crypto market maker, secured a Bitcoin-backed credit facility from Cantor Fitzgerald, a leading Wall Street investment bank. Cantor Fitzgerald’s recently introduced Bitcoin financing platform aims to deploy up to $2 billion in capital during its initial phase, signaling increased institutional interest in crypto-backed lending. Earlier disclosures revealed that FalconX Ltd. and Maple Finance were among the first recipients of loans under Cantor’s Bitcoin collateral program, underscoring the bank’s strategic focus on providing liquidity solutions to cryptocurrency firms. This development highlights the growing integration of traditional finance mechanisms within the digital asset ecosystem, offering enhanced capital efficiency for market participants.