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Big Banks Will Go ‘Head First’ Into Bitcoin, Says Wall Street Giant Cantor Fitzgerald

Bitcoinist LogoBitcoinist11h ago

Big Banks Will Go ‘Head First’ Into Bitcoin, Says Wall Street Giant Cantor Fitzgerald - Bitcoinist

Quick Summary:

In a video release on Wednesday, Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, delivers some striking predictions about the future relationship between traditional financial institutions and Bitcoin.

They want to transact in Bitcoin, they want new asset classes to transact in.

Hunter Horsley, CEO of Bitwise, agreed with Lutnick’s prediction.“As odd as it may seem — banks are going to be one of the biggest catalysts for this space.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 16:30:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 687 words

Reading Time: 4 minutes read

Sentences: 45 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22367875

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 31 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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