Brandon Lutnick, chairman of Cantor Fitzgerald, is advancing the ‘Saylorization’ trend with plans to launch a $4 billion Bitcoin (BTC) investment vehicle. The deal involves late-stage negotiations with Adam Back, CEO of Blockstream. The initiative will be anchored through Cantor Equity Partners 1, a special-purpose acquisition company (SPAC). Major Bitcoin Acquisition Deal Puts Cantor in Spotlight According to the Financial Times, Back is expected to contribute up to 30,000 Bitcoin to Cantor Equity Partners 1
source: https://beincrypto.com/cantor-fitzgerald-bitcoin-investment-vehicle/