Maple X Cantor - some key things to take out of this announcement
Cantor is a leading traditional investment bank, issuing loans in stablecoins backed by actual Bitcoin on-chain - not ETF shares. The institutions are here and they are doing business with Maple.
Maple was one of the first counterparties they started with. This proves out the value proposition of the on-chain asset management business we've built - Maple is the conduit to bridge TradFi & DeFi.
This is the first of more wholesale capital facilities that will come online this year, and will enable us to scale AUM and revenue at a much faster rate.
The future of capital markets is on-chain, and it's already happening on Maple.
Maple introduces Bitcoin-backed facility with Cantor.