mintyq
@mintyq
Cantor Fitzgerald, a Wall Street investment bank, announced that it would launch a gold hedge Bitcoin fund. The fund plans to operate for five years, while retaining room for the price of Bitcoin to rise, it provides 1:1 downward protection through the gold pegging mechanism. Previously, the agency had launched its $2 billion Bitcoin mortgage program, and the first partners included the crypto company FalconX and Maple Finance.
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