Anchorage Digital and Copper.co will serve as collateral managers and custodians for Cantor Fitzgerald’s new global Bitcoin financing business, which will provide leverage to institutional investors who hold Bitcoin.
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 United States, 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 g
