Cantor Fitzgerald Acquires 5% Tether Stake For $600 Million

Cantor’s Howard Lutnick prepares to leave all companies, passes Tether deal to his son
Howard Lutnick, the powerhouse behind Cantor Fitzgerald, is officially stepping away from all his business roles.
Cantor Fitzgerald Acquires 5% Tether Stake For $600 Million As Trump Nominates CEO Howard Lutnick For Secretary Of Commerce
Cantor Fitzgerald has agreed to a 5% ownership stake in Tether valued at approximately $600 million, according to the Wall Street Journal.
Trump will nominate transition adviser and billionaire Howard Lutnick for commerce secretary
Trump has picked Howard Lutnick, a crypto enthusiast and the head of brokerage and investment bank Cantor Fitzgerald, to be commerce secretary.
Cantor Fitzgerald is set to acquire around 5% of the ownership stake in Tether.
Howard Lutnick, CEO of Cantor Fitzgerald, is nominated as Commerce Secretary, which could affect U.S. crypto rules. His firm owns 5% of Tether and handles
What to know about Howard Lutnick, Trump’s pick for commerce secretary
President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary.
Trump picks Cantor Fitzgerald CEO Howard Lutnick to be commerce secretary
WASHINGTON — President-elect Donald Trump said Tuesday that he will nominate key transition adviser and billionaire financial services executive Howard Lutnick to lead the Commerce Department.
Trump Picks Cantor Fitzgerald’s Lutnick as Commerce Chief
President-elect Donald Trump is tapping Cantor Fitzgerald LP chief executive officer Howard Lutnick to lead the Commerce Department, a central pick in an administration that will likely be shaped by sweeping tariff hike proposals.
Trump taps Cantor Fitzgerald CEO Howard Lutnick as commerce secretary
Billionaire financier, who has been supportive of Trump's tariffs plan, will oversee issues related to foreign and domestic trade; had been maneuvering for Treasury nod The post Trump taps Cantor Fitzgerald CEO Howard Lutnick as commerce secretary appeared first on The Times of Israel.
Cantor Fitzgerald's Tether ties raise concerns as Trump nominates CEO for Commerce Secretary
This investment positions Cantor Fitzgerald as a key player in the stablecoin market, especially given CEO Lutnick's nomination by Trump for the role of Secretary of Commerce. Lutnick is also advising Trump on federal appointments for his upcoming administration,
Trump Picks Cantor Fitzgerald's Howard Lutnick for Commerce Secretary
President-elect Donald Trump on Tuesday announced he is nominating Cantor Fitzgerald CEO Howard Lutnick for secretary of the ...
Howard Lutnick’s Other Top Client: Crypto Giant Tether
Before becoming Donald Trump’s commerce secretary pick, Lutnick deepened Cantor Fitzgerald’s ties with a stablecoin firm ...
Trump picks Cantor Fitzgerald CEO Howard Lutnick as commerce secretary
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, for commerce secretary. Lutnick, a ...