Crypto market maker Wintermute receives Bitcoin credit line from Cantor Fitzgerald

According to CoinDesk, cryptocurrency market maker Wintermute has obtained a credit line secured with Bitcoin from Cantor Fitzgerald, but the exact size has not been disclosed. Wintermute CEO Evgeny Gaevoy stated that this quota enhances the company's ability to hedge risks on major exchanges and maintain broad market coverage. Cantor has previously reached similar agreements with Maple Finance and FalconX, planning to provide up to $2 billion in funding in the initial stages of its newly launched Bitcoin financing business. Wintermute is currently accelerating its expansion into the US market.