03-12-2025, 03:31 AM
Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg1YjQtZGQ5NS03ZTcyLThlMGUtMDBjNWRiOTY1NmRj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg1YjQtZGQ5NS03ZTcyLThlMGUtMDBjNWRiOTY1NmRj.jpg" alt="Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians"></p><p>Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.<p>In a March 11 <a data-ct-non-breakable="null" href="https://www.prnewswire.com/news-releases/cantor-fitzgerald-partners-with-digital-asset-custodians-anchorage-digital-and-copperco-to-support-bitcoin-financing-business-302397938.html" rel="null" target="null" text="null" title="null">announcement</a>, Cantor Fitzgerald said it is rolling out its Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. </p><p>Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said. </p><figure><img alt="Banks, Investments" src="https://s3.cointelegraph.com/uploads/2025-03/019585c3-36bd-759f-a96f-838ca4e1e3d2" title=""><figcaption style="text-align: center;"><p><em>Source: </em><a data-ct-non-breakable="null" href="https://x.com/Anchorage/status/1899452333949640778" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/Anchorage/status/1899452333949640778"><em>Anchorage Digital</em></a></p></figcaption></figure><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/anchorage-digital-support-liquid-ether-staking" rel="null" target="null" text="null" title="null">Anchorage Digital</a> is an institutional cryptocurrency platform that operates the only federally chartered digital asset bank in the United States.</p><p>Copper is a crypto custodian <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-custodian-copper-withdraws-uk-license-application" rel="" target="_self" text="null" title="https://cointelegraph.com/news/crypto-custodian-copper-withdraws-uk-license-application">backed by Barclays</a>, the British multinational financial institution.</p><p>Copper CEO Amar Kuchinad said Cantor Fitzgerald’s new offering will help institutional investors “diversify their portfolios” into digital assets. He cited the “growing demand for sophisticated financing solutions” in the Bitcoin space. </p><p>Cantor Fitzgerald <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cantor-fitzgerald-announces-2b-bitcoin-financing-business" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cantor-fitzgerald-announces-2b-bitcoin-financing-business">unveiled plans for its BTC financing business</a> in July of last year “to provide leverage to investors who hold Bitcoin,” the company <a data-ct-non-breakable="null" href="https://www.cantor.com/cantor-fitzgerald-to-launch-bitcoin-financing-business/" rel="null" target="null" text="null" title="null">said</a> at the time.</p><p>Since then, the company has broadened its exposure to the digital asset market, including <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cantor-fitzgerald-agreed-to-acquire-5-percent-stake-in-tether-report" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cantor-fitzgerald-agreed-to-acquire-5-percent-stake-in-tether-report">acquiring a 5% stake</a> in stablecoin issuer Tether.</p><p>Cantor Fitzgerald has more than $5 billion in assets under management, based on the latest regulatory <a data-ct-non-breakable="null" href="https://fintel.io/i/cantor-fitzgerald#:~:text=Latest%20Holdings%2C%20Performance%2C%20AUM%20(,(which%20is%20not%20disclosed)." rel="null" target="null" text="null" title="null">filings</a>.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cleanspark-join-sp-small-cap-600-index" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cleanspark-join-sp-small-cap-600-index"><em><strong>Bitcoin miner CleanSpark to join S&P SmallCap 600 Index</strong></em></a></p><h2>Institutional Bitcoin demand remains strong despite market volatility</h2><p>The successful launch of US spot Bitcoin exchange-traded funds (ETFs) more than one year ago revealed the huge pent-up demand for BTC among institutional investors. By February, Bitcoin exchange reserves had <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/2-5-m-bitcoin-left-crypto-exchanges-btc-supply-shock" rel="" target="_self" text="null" title="https://cointelegraph.com/news/2-5-m-bitcoin-left-crypto-exchanges-btc-supply-shock">fallen to more than two-year lows</a> thanks to institutional buying pressure.</p><p>Despite the recent market sell-off that was triggered by the US-led tariff war and recession fears, institutional Bitcoin investments <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/institutional-bitcoin-investments" rel="" target="_self" text="null" title="https://cointelegraph.com/learn/articles/institutional-bitcoin-investments">continue to grow</a>, with more Wall Street firms moving into the custody business. </p><p>As Forbes <a data-ct-non-breakable="null" href="https://www.forbes.com/sites/danrunkevicius/2025/03/10/wall-street-is-quietly-hinting-at-major-ideological-shift-toward-bitcoin-this-year/" rel="null" target="null" text="null" title="null">reported</a>, Citi and State Street are planning to offer crypto custody services by 2026. </p><p>A separate Bloomberg report on March 11 revealed that <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/deutsche-boerse-to-launch-btc-eth-services-to-institutions-report" rel="null" target="null" text="null" title="null">German exchange group Deutsche Boerse</a> is planning to launch Bitcoin and Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="null">ETH</a>) custody beginning next month.</p><iframe width="100%" height="315" src="https://www.youtube.com/embed/6UnogdVQWrE?start=" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen loading="lazy"></iframe><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/" rel="" target="_self" text="null" title="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/"><em><strong>SEC’s U-turn on crypto leaves key questions unanswered</strong></em></a></p><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template></p>
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https://cointelegraph.com/news/cantor-fi...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg1YjQtZGQ5NS03ZTcyLThlMGUtMDBjNWRiOTY1NmRj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg1YjQtZGQ5NS03ZTcyLThlMGUtMDBjNWRiOTY1NmRj.jpg" alt="Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians"></p><p>Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors.<p>In a March 11 <a data-ct-non-breakable="null" href="https://www.prnewswire.com/news-releases/cantor-fitzgerald-partners-with-digital-asset-custodians-anchorage-digital-and-copperco-to-support-bitcoin-financing-business-302397938.html" rel="null" target="null" text="null" title="null">announcement</a>, Cantor Fitzgerald said it is rolling out its Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. </p><p>Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said. </p><figure><img alt="Banks, Investments" src="https://s3.cointelegraph.com/uploads/2025-03/019585c3-36bd-759f-a96f-838ca4e1e3d2" title=""><figcaption style="text-align: center;"><p><em>Source: </em><a data-ct-non-breakable="null" href="https://x.com/Anchorage/status/1899452333949640778" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/Anchorage/status/1899452333949640778"><em>Anchorage Digital</em></a></p></figcaption></figure><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/anchorage-digital-support-liquid-ether-staking" rel="null" target="null" text="null" title="null">Anchorage Digital</a> is an institutional cryptocurrency platform that operates the only federally chartered digital asset bank in the United States.</p><p>Copper is a crypto custodian <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-custodian-copper-withdraws-uk-license-application" rel="" target="_self" text="null" title="https://cointelegraph.com/news/crypto-custodian-copper-withdraws-uk-license-application">backed by Barclays</a>, the British multinational financial institution.</p><p>Copper CEO Amar Kuchinad said Cantor Fitzgerald’s new offering will help institutional investors “diversify their portfolios” into digital assets. He cited the “growing demand for sophisticated financing solutions” in the Bitcoin space. </p><p>Cantor Fitzgerald <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cantor-fitzgerald-announces-2b-bitcoin-financing-business" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cantor-fitzgerald-announces-2b-bitcoin-financing-business">unveiled plans for its BTC financing business</a> in July of last year “to provide leverage to investors who hold Bitcoin,” the company <a data-ct-non-breakable="null" href="https://www.cantor.com/cantor-fitzgerald-to-launch-bitcoin-financing-business/" rel="null" target="null" text="null" title="null">said</a> at the time.</p><p>Since then, the company has broadened its exposure to the digital asset market, including <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cantor-fitzgerald-agreed-to-acquire-5-percent-stake-in-tether-report" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cantor-fitzgerald-agreed-to-acquire-5-percent-stake-in-tether-report">acquiring a 5% stake</a> in stablecoin issuer Tether.</p><p>Cantor Fitzgerald has more than $5 billion in assets under management, based on the latest regulatory <a data-ct-non-breakable="null" href="https://fintel.io/i/cantor-fitzgerald#:~:text=Latest%20Holdings%2C%20Performance%2C%20AUM%20(,(which%20is%20not%20disclosed)." rel="null" target="null" text="null" title="null">filings</a>.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/cleanspark-join-sp-small-cap-600-index" rel="" target="_self" text="null" title="https://cointelegraph.com/news/cleanspark-join-sp-small-cap-600-index"><em><strong>Bitcoin miner CleanSpark to join S&P SmallCap 600 Index</strong></em></a></p><h2>Institutional Bitcoin demand remains strong despite market volatility</h2><p>The successful launch of US spot Bitcoin exchange-traded funds (ETFs) more than one year ago revealed the huge pent-up demand for BTC among institutional investors. By February, Bitcoin exchange reserves had <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/2-5-m-bitcoin-left-crypto-exchanges-btc-supply-shock" rel="" target="_self" text="null" title="https://cointelegraph.com/news/2-5-m-bitcoin-left-crypto-exchanges-btc-supply-shock">fallen to more than two-year lows</a> thanks to institutional buying pressure.</p><p>Despite the recent market sell-off that was triggered by the US-led tariff war and recession fears, institutional Bitcoin investments <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/institutional-bitcoin-investments" rel="" target="_self" text="null" title="https://cointelegraph.com/learn/articles/institutional-bitcoin-investments">continue to grow</a>, with more Wall Street firms moving into the custody business. </p><p>As Forbes <a data-ct-non-breakable="null" href="https://www.forbes.com/sites/danrunkevicius/2025/03/10/wall-street-is-quietly-hinting-at-major-ideological-shift-toward-bitcoin-this-year/" rel="null" target="null" text="null" title="null">reported</a>, Citi and State Street are planning to offer crypto custody services by 2026. </p><p>A separate Bloomberg report on March 11 revealed that <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/deutsche-boerse-to-launch-btc-eth-services-to-institutions-report" rel="null" target="null" text="null" title="null">German exchange group Deutsche Boerse</a> is planning to launch Bitcoin and Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="null">ETH</a>) custody beginning next month.</p><iframe width="100%" height="315" src="https://www.youtube.com/embed/6UnogdVQWrE?start=" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen loading="lazy"></iframe><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/" rel="" target="_self" text="null" title="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/"><em><strong>SEC’s U-turn on crypto leaves key questions unanswered</strong></em></a></p><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template></p>
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https://cointelegraph.com/news/cantor-fi...er_inbound