Cantor Fitzgerald has initiated a substantial $20 billion loan program secured by Bitcoin, marking a significant expansion in the cryptocurrency lending market. Launched in July 2024, the firm has already finalized initial agreements under this initiative. This development comes at a critical juncture when the crypto lending sector is striving to rebuild confidence and stabilize after the major setbacks experienced in 2022.
In partnership with Tether, SoftBank, and Bitfinex, Cantor Fitzgerald has established a $3.6 billion fund named “Twenty One Capital,” which aims to hold over 42,000 Bitcoins. The company has also incorporated FalconX and Maple Finance into its lending program, both of which have commenced borrowing under this facility. These collaborations indicate a sustained institutional interest and a collective effort to revitalize the crypto lending space.
Beyond lending, Cantor Fitzgerald has made significant direct investments in Bitcoin. In May 2025, through Twenty One Capital, the firm acquired approximately $459 million worth of Bitcoin and has invested close to $20 billion in strategic stock positions tied to the cryptocurrency. This approach exposes the company’s financial standing directly to Bitcoin’s price fluctuations, yet it remains committed to continuing its investments despite market volatility.
Other industry players such as Strive, Blockstream, and Zappo Bank are also actively participating in crypto lending and investments, with traditional banks beginning to enter this domain. Nevertheless, the inherent volatility and unpredictability of Bitcoin’s price necessitate stringent regulatory oversight and robust strategic planning for both lenders and borrowers to maintain market stability and transparency.
