Howard Lutnick: Cantor Fitzgerald to launch bitcoin lending program

The CEO of Cantor Fitzgerald, which serves about five thousand institutional clients worldwide, assured that the mission of the lending program is to “incorporate bitcoin into the global financial market family” as soon as possible. Cantor Fitzgerald's is going to become “the conduit for the first cryptocurrency.”

According to the billionaire, soon other major financial funds and concerns will offer their own bitcoin financing programs, thus further strengthening the asset's position in the market.

Earlier, the mayor of Jersey City, New Jersey, Steven Fulop (Steven Fulop) said that the local pension fund has applied to the U.S. Securities and Exchange Commission (SEC) for permission to invest in spot bitcoin ETFs.