Cantor Fitzgerald announces $2B Bitcoin financing business

Howard Lutnick and Cantor Fitzgerald brought a reprieve from the day’s politics with a business announcement.

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Billionaire Howard Lutnick, the Chairman and CEO of financial services firm Cantor Fitzgerald announced the launch of a Bitcoin lending program at Bitcoin 2024 on Saturday, July 27. 

Lutnick took the stage to give his full-throated support for the cryptocurrency community. His fiery speech touched on everything from the death of his brother — alongside 658 other Cantor Fitzgerald employees, at the World Trade Center during the 9/11 terrorist attacks — to declaring both himself and his company Bitcoin supporters.

The CEO then shifted matters to the announcement:

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