Cantor Fitzgerald company
Overview
Cantor Fitzgerald is a US financial services firm long led by Howard Lutnick, who left to become US Commerce Secretary under President Trump, with his son Brandon Lutnick taking a leading role. Its most consequential crypto ties are with Tether: Cantor's custody business holds billions of dollars of US Treasuries backing USDT, and Cantor acquired a roughly 5% stake in Tether valued at about $600 million. In November 2024 it was reported to be in talks with Tether to launch a roughly $2 billion programme lending US dollars against Bitcoin collateral. In April 2025 Cantor, led on the deal by Brandon Lutnick, moved to launch a much larger Bitcoin treasury venture — reported at around $3 billion and named 21 Capital (later Twenty One Capital) — seeded with roughly $1.5 billion of Bitcoin from Tether, $900 million from SoftBank and $600 million from Bitfinex. The Cantor-Tether relationship has drawn political scrutiny: Senators Warren and Wyden wrote to Lutnick about it in April 2026. Cantor built its crypto exposure through custody of Tether's Treasury reserves and a roughly 5% equity stake in Tether worth about $600 million. A planned ~$2 billion Bitcoin-collateralised lending programme was reported in November 2024, and in April 2025 Cantor spearheaded the ~$3 billion 21 Capital / Twenty One Capital Bitcoin venture with SoftBank, Tether and Bitfinex. Howard Lutnick became US Commerce Secretary, and the arrangements later drew a US Senate letter in April 2026.
Within the DeFi Intel graph, Cantor Fitzgerald connects to 10 tracked entities, most strongly to Anchorage Digital, Twenty One Capital, Inc., Cantor Equity Partners.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 10 total).
| Relation | Connected entity | Confidence |
|---|---|---|
custody_partner | Anchorage Digital | 95% |
funded_by | Twenty One Capital, Inc. | 95% |
launched | Cantor Equity Partners | 95% |
partnered_with | Anchorage Digital | 90% |
uses_reserve_manager | Tether USA | 90% |
involves | Cantor Fitzgerald Selects Anchorage + Copper for Bitcoin Financing | 90% |
employs | Howard Lutnick | 90% |
custody_by | Tether USD | 85% |
custodied_by | Tether | 85% |
funded_by | Tether | 85% |
Frequently asked questions
What is Cantor Fitzgerald?
Cantor Fitzgerald is an other tracked in the DeFi Intel knowledge graph. It is connected to 10 other tracked entities, most strongly to Anchorage Digital, Twenty One Capital, Inc., Cantor Equity Partners.
What type of entity is Cantor Fitzgerald?
Cantor Fitzgerald is classified as an other (company) in the DeFi Intel knowledge graph.
What is Cantor Fitzgerald connected to?
In the DeFi Intel knowledge graph, Cantor Fitzgerald is linked to 10 other tracked entities, most strongly to Anchorage Digital, Twenty One Capital, Inc., Cantor Equity Partners.
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