Cantor Fitzgerald Selects Anchorage Digital as Custodian, Collateral Manager
Today, Cantor Fitzgerald—a leading global financial services firm—selected Anchorage Digital as a custodian and collateral manager for their new Bitcoin financing business.
Anchorage Digital Bank N.A., the only U.S. federally chartered digital asset bank, will hold Bitcoin collateral for Cantor Fitzgerald’s counterparties in safe and secure custody. Anchorage Digital will additionally act as a collateral manager, tracking collateral value, providing reporting, and mitigating counterparty risk for all parties. As a clear-cut qualified custodian, Anchorage Digital is the partner of choice for institutions like Cantor Fitzgerald that are bridging the gap between traditional finance and digital assets.
“Cantor Fitzgerald and Anchorage Digital share a track record of integrating Bitcoin into the world of traditional finance. Our partnership marks a major step forward for the Bitcoin financing ecosystem—built on the safety and security of federally regulated digital asset custody. By combining the best of traditional finance with the best of crypto, we are expanding the horizon of what is possible for institutions in Bitcoin.”
— Nathan McCauley, CEO and Co-Founder, Anchorage Digital
“We are thrilled to partner with Anchorage Digital, whose industry-leading security solutions will help us deliver best-in-class digital asset custody services to our clients. We are launching with $2 billion in initial financing and expect to substantially grow the operation over time.”
— Michael Cunningham, Head of Bitcoin Financing, Cantor Fitzgerald
Announced in July 2024, the Bitcoin financing business will provide leverage to investors who hold Bitcoin.
To learn more about safe, secure, and regulated digital asset custody from Anchorage Digital, please get in touch.
About Cantor Fitzgerald, L.P.
Cantor Fitzgerald, with more than 12,000 employees, is a leading global financial services group at the forefront of financial and technological innovation and has been a proven and resilient leader for more than 79 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income, equities, capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, commercial real estate, and infrastructure, and for its global distribution platform. Cantor Fitzgerald & Co. is one of 24 Primary Dealers authorized to transact business with the Federal Reserve Bank of New York.
Press Contacts
Anchorage Digital
press@anchorage.com
Cantor Fitzgerald:
Erica Chase
erica.chase@cantor.co
+1 (212) 610 2419
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital New York, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.
.png)
.webp)
.png)
