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Cantor Fitzgerald's Tether ties raise concerns
Cantor Fitzgerald's Tether ties raise concerns as Trump nominates CEO for Commerce Secretary
Cantor Fitzgerald, a financial services firm primarily owned by billionaire Trump loyalist Howard Lutnick, has been revealed to hold a nearly 5% stake in the world's largest stablecoin issuer, Tether, according to a Wall Street Journal report.
Cantor Fitzgerald Acquires 5% Tether Stake For $600 Million As Trump Nominates CEO Howard Lutnick For Secretary Of Commerce
Cantor Fitzgerald has agreed to a 5% ownership stake in Tether valued at approximately $600 million, according to the Wall Street Journal.
Cantor Fitzgerald is set to acquire around 5% of the ownership stake in Tether.
Howard Lutnick, CEO of Cantor Fitzgerald, is nominated as Commerce Secretary, which could affect U.S. crypto rules. His firm owns 5% of Tether and handles most of its reserves. He also introduced a $2 billion Bitcoin lending program.
19h
on MSN
Cantor Fitzgerald agrees took 5% stake in Tether for up to $600M: Report
Cantor Fitzgerald agreed to buy a 5% stake in Tether; its ties to Howard Lutnick's firm could bring more political support ...
CoinDesk
22h
Tether in Talks to Support Cantor Fitzgerald’s Planned Bitcoin Lending Program: WSJ
The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of ...
12h
on MSN
Tether was an outlaw for years. Now the $132 billion stablecoin has a key ally in Trump’s cabinet
For a decade, the crypto firm Tether built itself into one of the world’s wealthiest financial institutions, recently ...
11h
Trump Pick Lutnick’s Firm in Talks With Tether for $2 Billion Bitcoin Lending Project
Cantor Fitzgerald, whose CEO is the Secretary of Commerce nominee, has an extensive history with the company that runs the ...
Crypto News Flash
22h
Cantor Fitzgerald Acquires 5% Stake, Strengthening Tether Ecosystem
Cantor Fitzgerald acquires 5% of Tether, strengthening stablecoin reserves, as Tether launches MiCA-compliant tokens for ...
coinspeaker
18h
Wall Street’s Cantor Fitzgerald Eyes $2B Bitcoin Lending Initiative in Partnership with Tether
Cantor Fitzgerald is considering teaming up with Tether for its $2 billion Bitcoin lending program, initially announced in ...
Benzinga Finance on MSN
15h
Trump's Commerce Secretary Pick Howard Lutnick's Fund Owns $1.19B In Nvidia, $804M In Tesla: Here Is A Look At His Portfolio
Howard Lutnick, chief executive officer of Cantor Fitzgerald – which has about $3.53 billion in holdings – has been named as ...
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