Cantor Fitzgerald, Wall Street Companies Will Lower Crypto Lending Costs, SALT CEO Says
The influx of traditional finance giants like Cantor Fitzgerald and banks into crypto lending is a net positive that will lower capital costs, but crypto-native lenders must leverage their expertise and community trust to remain competitive, said Shawn Owen, CEO of SALT Lending.
Speaking with Benzinga, Owen emphasized that these institutions will likely partner with firms like SALT to navigate the complexities of digital asset lending.
“The entrance of players like Cantor Fitzgerald and traditional banks into crypto lending is a net positive, it will likely drive down the cost of capital as more institutions look to earn yield through Bitcoin (CRYPTO: BTC) and digital asset exposure,” Owen said.
However, he noted that managing digital custody and underwriting crypto-backed loans requires nuanced expertise.
“We believe many of these institutions …
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