CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-05-27 16:17:42

Maple Finance taps Cantor for Bitcoin-backed credit

Maple Finance has closed the first tranche of a Bitcoin-backed financing facility from global investment bank Cantor Fitzgerald. The deal is part of Cantor’s $2 billion Bitcoin financing initiative, which also included a facility for FalconX. The program aims to provide institutional leverage against Bitcoin ( BTC ) holdings, reviving confidence in crypto lending after collapses like Celsius and BlockFi in 2022. “This financing facility through Cantor enables Maple to accelerate its growth and expand its reach as a provider of digital asset credit,” said Sidney Powell, CEO and Co-Founder of Maple, in a note to crypto.news. The company positions itself as a crypto-native asset manager with institutional experience, targeting rising demand for regulated crypto credit access. You might also like: Strive announces $750m private investment to buy Bitcoin It’s time to ‘unlock Bitcoin’s full potential’ Cantor, now active in several crypto-focused ventures—including a partnership with Tether and SoftBank to launch Bitcoin accumulator Twenty One Capital—views this initiative as a strategic move to scale digital asset finance. “We are excited to unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets,” said Michael Cunningham, Head of Bitcoin Financing at Cantor. Anchorage Digital served as custodian on the Maple Finance ( SYRUP ) transaction, ensuring regulated settlement and storage of the Bitcoin collateral. Crypto-backed lending markets are showing signs of recovery, with total outstanding loans rebounding to $36.5 billion by Q4 2024, up from a post-crash low but still under the 2021 peak of $64.4 billion, according to Galaxy Research. Maple’s participation in Cantor’s facility signals renewed momentum in institutional crypto lending, driven by structured financing and renewed market confidence. You might also like: Kaito price on the verge of hitting ATH as TVS, yappers, buybacks rise

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.