Wintermute, a market manufacturer focused on digital assets and the OTC desktop, has reached a bitcoin
-The credit line of Cantor Fitzgerald, after similar financing agreements announced last month with Maple Finance and Falconx.
Cantor said that the newly released Bitcoin financing business is expected to provide up to $ 2 billion in financing during its initial launch. The size of the winter agreement with the Investment Bank was not revealed.
The loans and loans of cryptography were carried out at an industrial scale several years ago, but many of the companies involved incurred large losses or were forced to bankruptcy as the infection extended through the industry. But the singer’s debut may indicate a new and more friendly with the institution.
Wintermute is currently expanding its presence in the US, where a land of movement in the cryptography trade under Donald Trump’s pro-initiation administration occurs.
The institutional demand for digital assets such as Bitcoin, Stablecoins and Altcoins Betas Selected continues to accelerate, promoted by catalysts such as ETF developments and changes in interest rates environments, said the Wintermute CEO, Evgeny Gaevoy.
“Given the intensive nature of our operations, especially the OTC trade, which implies managing liquidation windows and maintaining capital in multiple places, the installation improves our ability to collect risks effectively in exchanges and maintain wide market coverage,” Gaevoy said in an email.
Read more: Wall Street Giant Cantor debuts the Bitcoin loan business with the first sections to Falconx, Maple
