Anchorage Digital and Copper.co to provide bitcoin custody services for Cantor Fitzgerald

Global financial services firm Cantor Fitzgerald picked Anchorage Digital and Copper.co to provide digital asset custody services.

The move furthers Cantor Fitzgerald's bitcoin financing business, first announced in mid-2024, that would provide leverage to institutional bitcoin investors.

"Our partnership marks a major step forward for the bitcoin financing ecosystem — built on the safety and security of federally regulated digital asset custody," said Anchorage Digital CEO and Co-Founder Nathan McCauley in a statement .

Cantor Fitzgerald noted plans to start a bitcoin financing business at the Bitcoin 2024 conference last July, adding at the time that it will start with $2 billion to finance leverage and increase the amount with $2 billion increments.

On Feb. 18, 2025, the United States Senate confirmed Cantor Fitzgerald's CEO Howard Lutnick as Secretary of Commerce , a position that focuses on bolstering economic growth and advising the president on commerce matters. Lutnick disclosed in 2024 that both he and Cantor Fitzgerald hold bitcoin.

In addition to its forthcoming custody of bitcoin through Anchorage Digital and Copper.co , Cantor Fitzgerald custodies the USD-pegged stablecoin USDT and negotiated a 5% stake in its issuer Tether valued at up to $600 million.