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The crypto-lending industry, nearly wiped out in the last bear market, is staging a comeback as Cantor Fitzgerald launches a $2B Bitcoin financing business (@davidpan_1 / Bloomberg) https://t.co/bvWgLEElBQ https://t.co/Qieu9Lzn2k https://t.co/ZOzeer2dpR
The last major bear market nearly wiped out the entire crypto-lending industry. Now, it’s staging a major comeback, with a new breed of creditors looking to step into the void and satisfy the market’s perennial appetite for debt. https://t.co/fUmLHSaDVT
Cantor leads a new boom in lending to debt-hungry crypto firms https://t.co/67SRtp27qW via @business
Cantor Fitzgerald is spearheading a resurgence in the cryptocurrency lending market, which faced near extinction during the last major bear market. The firm has launched a new $2 billion Bitcoin financing initiative aimed at addressing the ongoing demand for debt among crypto firms. This revival comes as a new wave of creditors enters the space, seeking to capitalize on the market's persistent appetite for borrowing. The crypto-lending sector is showing signs of recovery, with Cantor Fitzgerald leading the charge to fill the void left by previous downturns.