- $2 billion initiative led by Cantor Fitzgerald through Michael Cunningham.
- Focus on institutional Bitcoin holders.
- Increased liquidity and financial stability expected.

Cantor Fitzgerald commenced a $2 billion Bitcoin-backed lending program in May 2025, collaborating with Anchorage Digital and Copper.co to facilitate secure asset management.
Cantor Fitzgerald’s initiative offers institutional liquidity, enhancing financial access for Bitcoin holders and impacting crypto market dynamics.
Detailed Overview
The $2 billion lending initiative by Cantor Fitzgerald involves key industry players. Christian Wall and Michael Cunningham lead the project, partnering with Anchorage Digital and Copper.co for asset management.
Maple Finance and FalconX are the initial recipients, with Cantor Fitzgerald applying its risk management practices from traditional finance. This aligns with growing institutional demand for diverse funding sources, boosting long-term growth prospects for Bitcoin holders.
“Institutions holding Bitcoin are looking to broaden their access to diverse funding sources, and we are excited to support their liquidity needs to help them drive long term growth and success.” – Christian Wall, Co-CEO and Global Head of Fixed Income, Cantor Fitzgerald
By offering enhanced stability and institutional-grade practices, the program contrasts with prior unstable lending platforms. Markets may experience increased BTC flow and strategic partnerships. The initiative aligns with past TradFi successes in crypto loan protocols.
Experts predict shifts in the lending landscape, emphasizing secure custodial services through licensed partners. Cantor Fitzgerald’s entry signifies a pivotal point for crypto financing, suggesting future expansions may include Ethereum involvement.
The involvement of regulated entities like Anchorage Digital reflects a commitment to security and compliance, potentially encouraging broader market trust. Historical precedents and new technological solutions might reduce risks and expand crypto adoption.