Update Aug. 25, 9:01 am UTC: This article has been updated to add more details about the current largest corporate SOL treasuries. Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana. A Bloomberg report citing anonymous sources said on Monday that the three companies … Read more
Update Aug. 25, 9:01 am UTC: This article has been updated to add more details about the current largest corporate SOL treasuries. Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana. A Bloomberg report citing anonymous sources said on Monday that the three companies … Read more
Crypto exchange Gemini filed an updated registration statement for its initial public offering effort, sharing a few more details in its push to become a publicly traded firm. Goldman Sachs (GS), Citigroup (C), Morgan Stanley (MS) and Cantor acting as lead bookrunners on the IPO, Gemini said in a press release Friday. Evercore ISI, Mizuho, … Read more
Brandon Lutnick, chairman of Wall Street investment bank Cantor Fitzgerald, is in late-stage talks with early bitcoin proponent and Blockstream CEO Adam Back for a bitcoin treasury deal that could be worth over $3 billion, the Financial Times reported on Wednesday. According to the report, Lutnick’s blank cheque company Cantor Equity Partners 1 would acquire … Read more
Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings. Lutnick is in talks to deepen the financial ties between his businesses and the company behind the world’s largest stablecoin, according to people familiar with the matter. Cantor Fitzgerald LP is discussing … Read more
Wintermute, a digital assets-focused market maker and OTC desk, has attained a bitcoin -backed credit line from Cantor Fitzgerald, following similar financing deals announced last month with Maple Finance and FalconX. Cantor said the newly launched Bitcoin Financing Business is expected to provide up to $2 billion in financing during its initial rollout. The size … Read more
In a research note released late Thursday, Cantor Fitzgerald says Core Scientific (CORZ) could fetch over $30 per share in a potential acquisition by cloud compute giant CoreWeave, citing both the long-term cash flows from its AI contracts and the replacement value of its data centers. That would be a near doubling from the current … Read more