Cantor Plans $3B Bitcoin Venture With SoftBank, Tether, Bitfinex

Quick Summary:

The son of the US Commerce Secretary, Howard Lutick, leads the firm and plans to initiate a $3 billion Bitcoin venture.

Cantor Fitzgerald is stepping forward to create a Bitcoin investment vehicle.

This initiative gathered support from other industry giants such as SoftBank, Tether, and Bitfinex.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab Emirates

Topics: SoftBank Tether Market News Bitcoin purchase Market Updates Bitfinex

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 07:01:59 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28169200

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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