NEW
YORK, March 11, 2025 /PRNewswire/ -- Cantor
Fitzgerald today announced that Anchorage Digital and
Copper.co ("Copper") will serve as collateral managers and
custodians for the firm's new global Bitcoin financing
business, which will provide leverage to institutional investors
who hold Bitcoin. With proven security architecture,
Anchorage Digital and Copper will deliver unparalleled resiliency
and redundancy to safeguard client's digital assets.
Anchorage Digital, a crypto platform that enables
institutions to participate in digital assets through custody,
staking, trading, governance, and settlement, is home to the only
federally chartered crypto bank in the US, Anchorage
Digital Bank NA. Copper is a digital asset infrastructure company
that provides secure digital asset custody, prime services, and
collateral management for institutions.
"We are thrilled to partner with Anchorage Digital and Copper,
whose industry-leading security solutions will help us deliver
best-in-class digital asset custody services to our clients," said
Michael Cunningham, Head of
Bitcoin Financing at Cantor Fitzgerald. "We are
launching with $2 billion in initial
financing and expect to substantially grow the operation over
time."
"Cantor Fitzgerald and Anchorage Digital share a track record of
integrating Bitcoin into the world of traditional
finance," said Nathan McCauley,
CEO and Co-Founder of Anchorage Digital. "Our
partnership marks a major step forward for the Bitcoin
financing ecosystem—built on the safety and security of federally
regulated digital asset custody. By combining the best of
traditional finance with the best of crypto, we
are expanding the horizon of what is possible for
institutions in Bitcoin."
"Institutional investors are increasingly looking to diversify
their portfolios and identify secure routes into the digital asset
market," said Amar Kuchinad, CEO
of Copper. "This significant partnership with Cantor Fitzgerald
will meet the growing demand for sophisticated financing solutions,
with Copper.co's lending and collateral management platform
providing a complete toolkit for secure and strategic asset
handling."
Notes to editors
This announcement is for general information purposes only and
is not investment advice or a recommendation or solicitation to
buy, sell, stake or hold any digital or crypto asset
or to engage in any specific trading strategy. There may be
geographic and other limitations on availability.
About Cantor Fitzgerald, L.P.
Cantor Fitzgerald, with more than 14,000 employees, is a
leading global financial services and real estate services holding
company and a proven and resilient leader for more than 79 years.
Its diverse group of global companies provides a wide range of
products and services, including investment banking, asset and
investment management, capital markets, prime services, research,
digital assets, data, financial and commodities brokerage, trade
execution, clearing, settlement, advisory, financial technology,
custodial, commercial real estate advisory and servicing, and
more.
About Anchorage Digital
Anchorage Digital is a global
crypto platform that enables institutions to
participate in digital assets through custody, staking, trading,
governance, settlement, and the industry's leading security
infrastructure. Home to Anchorage Digital Bank N.A., the only
federally chartered crypto bank in the U.S., Anchorage
Digital also serves institutions through Anchorage Digital
Singapore, which is licensed by the Monetary Authority of
Singapore; Anchorage Digital New
York, which holds a BitLicense from the New York Department of
Financial Services; and self-custody wallet Porto by Anchorage Digital. The company is
funded by leading institutions including Andreessen Horowitz, GIC,
Goldman Sachs, KKR, and Visa, with its Series D valuation over
$3 billion. Founded in 2017 in
San Francisco, California,
Anchorage Digital has offices in New
York, New York; Porto,
Portugal; Singapore; and
Sioux Falls, South Dakota. Learn
more at anchorage.com, on X @Anchorage, and on LinkedIn.
About Copper.co
Since being founded in 2018,
Copper.co ("Copper") has been building the standard for
institutional digital asset infrastructure with a focus on custody
and collateral management. Underpinned by multi-award-winning
technology, Copper has built a comprehensive and secure suite of
products and services required to safely custody and trade digital
assets. At the core of Copper's infrastructure is ClearLoop, which
enables clients to manage collateral and settle trades across
multiple exchanges, while mitigating counterparty risk and
increasing capital efficiency.
For more information, please visit: www.copper.co;
LinkedIn: Copper.co;
Twitter: @CopperHQ
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cantor-fitzgerald-partners-with-digital-asset-custodians-anchorage-digital-and-copperco-to-support-bitcoin-financing-business-302397938.html
SOURCE Cantor Fitzgerald, L.P.
