Cantor Fitzgerald's $2 billion Bitcoin-backed lending arm has completed its first deals, marking a significant step in the integration of cryptocurrency into traditional finance. The firm aims to leverage its established financial infrastructure to facilitate crypto loans and attract institutional investors. This move reflects growing confidence in the cryptocurrency market and its potential for mainstream financial services.

The article discusses the relationship between Bitcoin and the International Monetary Fund (IMF), highlighting Bitcoin's potential as an alternative to traditional financial systems and the IMF's role in global monetary policy. It examines the implications of Bitcoin's decentralized nature and the challenges it presents to established financial institutions.