Maple closed its first tranche of a Bitcoin-backed financing facility from Cantor, marking a major milestone in institutional adoption.
Maple announced that it has expanded its capital strategy with the closing of its first tranche of a Bitcoin-backed financing facility from Cantor, a premier global investment bank. This transaction marks a major milestone in institutional digital asset adoption.
Sidney Powell, CEO and Co-Founder of Maple Finance, said: “We’re seeing strong and increasing demand from institutions looking to access the crypto market through reliable, regulated channels. As a crypto-native asset manager with institutional roots, Maple is well-positioned to meet this demand.”
Michael Cunningham, Head of Bitcoin Financing at Cantor, said: “Through our Bitcoin Financing Business, we are excited to unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets.”
Cantor’s Bitcoin Financing Business provides leverage to institutional investors who hold Bitcoin, bringing scale, structure, and sophistication to the digital asset industry.
