Reported about 19 hours ago
Cantor Fitzgerald LP is in discussions with Tether Holdings Ltd. and SoftBank Group to establish a $3 billion entity to invest in cryptocurrencies. This collaboration involves significant contributions, with Tether supplying $1.5 billion in Bitcoin, and SoftBank and Bitfinex adding $900 million and $600 million respectively. The deal highlights a growing trend in institutional investments in crypto assets, echoing the strategies used by other major players in the market.
Source: YAHOO