Cantor Fitzgerald CEO and Chairman Howard Lutnick announced on stage at Bitcoin 2024 that the global services firm plans to establish a Bitcoin financing business with $2 billion of initial financing to provide leverage to investors who hold the digital asset. 

"We are going to welcome Bitcoin into the financing family of the global financial markets and Cantor Fitzgerald is going to be your sponsor," Lutnick announced. "We will build the best platform for financing Bitcoin, we will work with the best custodians, we are committed to your ecosystem of Bitcoin." 

Lutnick disclosed that he himself owns Bitcoin and that Cantor Fitzgerald owns "a shedload" of Bitcoin, being a fan of Bitcoin alongside "all of its partners." 

"My view is Bitcoin, like gold, should be free to …