NASHVILLE
—
Financial
services
firm
Cantor
Fitzgerald
will
open
a
bitcoin
financing
business,
CEO
Howard
Lutnick
said
at
the
Bitcoin
Conference
Saturday.
“We
are
going
to
launch
with
$2
billion
in
lending,”
Lutnick
said,
and
increase
the
facility
in
$2
billion
tranches
as
needed.
He
later
added:
“We
are
going
to
welcome
bitcoin
into
the
financing
family
of
the
global
financial
markets.”
The
business
will
provide
leverage
to
bitcoin
holders,
according
to
a
press
release.