Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project

  • Tether is already a large client of Cantor’s custody services
  • Lutnick set to be next commerce secretary under Trump
Howard LutnickPhotographer: Christopher Goodney/Bloomberg
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Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings Ltd.

Lutnick is in talks to deepen the financial ties between his businesses and the company behind the world’s largest stablecoin, according to people familiar with the matter.