Maple Finance has closed the first tranche of a Bitcoin-backed financing facility from global investment bank Cantor Fitzgerald.
The deal is part of Cantorâs $2 billion Bitcoin financing initiative, which also included a facility for FalconX. The program aims to provide institutional leverage against Bitcoin (BTC) holdings, reviving confidence in crypto lending after collapses like Celsius and BlockFi in 2022.
âThis financing facility through Cantor enables Maple to accelerate its growth and expand its reach as a provider of digital asset credit,â said Sidney Powell, CEO and Co-Founder of Maple, in a note to crypto.news.
 The company positions itself as a crypto-native asset manager with institutional experience, targeting rising demand for regulated crypto credit access.
Cantor, now active in several crypto-focused venturesâincluding a partnership with Tether and SoftBank to launch Bitcoin accumulator Twenty One Capitalâviews this initiative as a strategic move to scale digital asset finance.
 âWe are excited to unlock Bitcoinâs full potential and continue bridging the gap between traditional finance and digital assets,â said Michael Cunningham, Head of Bitcoin Financing at Cantor.
Anchorage Digital served as custodian on the Maple Finance (SYRUP) transaction, ensuring regulated settlement and storage of the Bitcoin collateral.
Crypto-backed lending markets are showing signs of recovery, with total outstanding loans rebounding to $36.5 billion by Q4 2024, up from a post-crash low but still under the 2021 peak of $64.4 billion, according to Galaxy Research.
Mapleâs participation in Cantorâs facility signals renewed momentum in institutional crypto lending, driven by structured financing and renewed market confidence.