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. With his nomination as Commerce Secretary under President-elect Donald Trump, Lutnick is clearing the deck.
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.
Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary
Lutnick, whose Cantor Fitzgerald has been a custodian for Tether since 2021, has been a vocal proponent of bitcoin and USDT for years.
Howard Lutnick’s Cantor in talks with Tether about US$2 billion Bitcoin lending project
HOWARD Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset business: Tether Holdings. Read more at The Business Times.
Cantor Fitzgerald acquires 5% stake in Tether for up to $600M: Report
Cantor Fitzgerald agreed to buy a 5% stake in Tether; its ties to Howard Lutnick's firm could bring more political support under Trump, a report said.
Cantor Fitzgerald holds 5% stake in Tether as CEO named Secretary of Commerce
Financial services giant Cantor Fitzgerald reportedly owns a 5% stake in stablecoin issuer Tether, a position potentially worth $600 million
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,
Crowdfund Insider1d
Cantor Fitzgerald and Lutnick have Reportedly Negotiated Ownership Stake in Tether
Cantor Fitzgerald reportedly negotiated a 5% ownership stake in the stablecoin USDT issuer within the last year (as reported ...
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 ...
Cryptopolitan on MSN4d
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 ...
Trump Pick Lutnick’s Firm in Talks With Tether for $2 Billion Bitcoin Lending Project
Cantor Fitzgerald, whose CEO is the secretary of Commerce nominee, has an extensive history with the company that runs the ...
CoinDesk3d
Tether in Talks to Support Cantor Fitzgerald’s Planned Bitcoin Lending Program: WSJ
The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of ...
Trump's Commerce secretary pick is getting closer to a crypto firm being investigated by the feds
President-elect Donald Trump’s pick to lead the Commerce Department is moving to deepen the ties between his company and the ...