Cryptomarket maker Wintermute receives Bitcoin credit line from Cantor Fitzgerald
According to online reports, according to CoinDesk, crypto market maker Wintermute received an undisclosed credit line collateralized in Bitcoin from Cantor Fitzgerald. Evgeny Gaevoy, CEO of Wintermute, said the limit enhances the company's ability to hedge risks and maintain broad market coverage on major exchanges. Cantor has previously reached similar agreements with Maple Finance and FalconX, and plans to provide up to $2 billion in funding in the early stages of its new Bitcoin financing business. Wintermute is currently accelerating its expansion into the U.S. market.
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