Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether
As Democrats steadily rise in their potential to take back a Senate majority, Senator Richard Blumenthal is digging into Tether’s U.S. financial partnership.
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Cantor Fitzgerald
As Democrats steadily rise in their potential to take back a Senate majority, Senator Richard Blumenthal is digging into Tether’s U.S. financial partnership.
The bank said in a note bitcoin’s cycle points to a market bottom in the coming months, urging investors to focus on networks with durable value accrual.
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Crypto trading firm FalconX’s CEO has previously said it is considering a public listing.
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.
“There are still people on the Earth that are still scared of bitcoin, and we want to bring them into this ecosystem,” said Brandon Lutnick, chairman of Cantor Fitzgerald.
The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.
President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.