Cantor Fitzgerald Selects Anchorage Digital and Copper as Bitcoin Custodians

Investment banking firm Cantor Fitzgerald has chosen Anchorage Digital and Copper as its Bitcoin custodians and collateral managers for its new digital asset financing business aimed at institutional investors. With $2 billion in initial capital, Cantor Fitzgerald is launching its Bitcoin financing business to allow institutional investors to borrow against their crypto holdings. Anchorage Digital and Copper will be responsible for safeguarding clients' digital assets as custodians and collateral managers. Anchorage Digital is known for operating the only federally chartered digital asset bank in the United States, while Copper is a crypto custodian backed by Barclays. Cantor Fitzgerald's new offering aims to help institutional investors diversify their portfolios into digital assets, responding to the increasing demand for sophisticated financing solutions in the Bitcoin space.