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Crypto Market Maker Wintermute Secures Bitcoin Credit Line from Cantor Fitzgerald
Summary: Crypto market maker Wintermute has obtained a credit line collateralized with Bitcoin from Cantor Fitzgerald, according to CoinDesk. The specific size of the credit line was not disclosed. Wintermute CEO Evgeny Gaevoy stated that this credit line enhances the company's ability to hedge risks and maintain broad market coverage on major exchanges. Cantor has previously ...
Crypto market maker Wintermute has obtained a credit line collateralized with Bitcoin from Cantor Fitzgerald, according to CoinDesk. The specific size of the credit line was not disclosed. Wintermute CEO Evgeny Gaevoy stated that this credit line enhances the company's ability to hedge risks and maintain broad market coverage on major exchanges. Cantor has previously reached similar agreements with Maple Finance and FalconX, planning to provide up to $2 billion in funding in the early stages of its newly launched Bitcoin financing business. Wintermute is currently accelerating its expansion into the US market.
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Link: Crypto Market Maker Wintermute Secures Bitcoin Credit Line from Cantor Fitzgerald [Copy]
