Cantor Equity Partners, an affiliate of financial services firm Cantor Fitzgerald, has arranged to purchase 30,000 BTC from Blockstream founder Adam Back. The transaction, valued at over $4 billion, signals heightened institutional interest in Bitcoin as a core portfolio asset.
The deal includes an $800 million allocation earmarked for further Bitcoin acquisitions. Brandon Lutnick leads Cantor Equity Partners in this strategic expansion into cryptocurrency holdings.
This acquisition follows Cantor Fitzgerald’s announcement of its SPAC-backed Bitcoin investment fund Twenty One, which aims to raise $3.9 billion. The Twenty One fund has secured backing from prominent investors including Tether, Bitfinex, and SoftBank.
The substantial BTC transfer represents one of the largest institutional Bitcoin transactions publicly disclosed to date, underscoring Wall Street’s growing commitment to cryptocurrency markets.