Cantor Fitzgerald Acquires Minority Stake in Tether Amid Political Developments

TL;DR Cantor Fitzgerald has acquired a 5% stake in Tether, the issuer of USDT, for $600 million, highlighting its commitment to expanding in the crypto market. Howard Lutnick, Cantor Fitzgerald’s CEO, is stepping down to become Commerce Secretary in President-elect Donald Trump’s administration, with his son Brandon Lutnick taking over the Tether deal. Cantor Fitzgerald ... source: https://crypto-economy.com/cantor-fitzgerald-acquires-minority-stake-in-tether-amid-political-developments/