Cantor Fitzgerald has a convertible bond with Tether, incoming Commerce Secretary Howard Lutnick said at his confirmation hearing, confirming previous reporting by The Wall Street Journal that ...

The former chair of the Wall Street firm abandoned his post as he was confirmed as the United States Commerce Secretary.

JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says ...

Tether has just bought into one of Europe’s most famous soccer clubs. The company behind USDT, the world’s biggest stablecoin ...

During the hearing, Lutnick disclosed that Cantor Fitzgerald has a convertible bond with Tether, and he said that stablecoins denominated in dollars should be audited. Closely-held Tether doesn ...

Warren asked Lutnick about his relationship to Tether Holdings Ltd., including how much he and Cantor Fitzgerald — the Wall Street investment bank and brokerage — have invested in the ...

Cantor Fitzgerald serves as Tether’s primary custodian for U.S. Treasuries, manages a significant portion of its reserves, and holds convertible debt issued by Tether’s parent company.

The 20-something wasn't kidding. His real name is Kyle Lutnick, son of the Wall Street billionaire who just became US ...

Howard Lutnick, the chairman of Cantor Fitzgerald and nominee for U.S. Commerce Secretary, faced questioning from Senate Democrats regarding the financial firm's investment in Tether, the entity ...

Cantor Fitzgerald's former CEO was confirmed by the Senate to be Commerce Secretary on February 18. The vote was 51-45.

Tether Holdings Limited announced $13 billion in net profits for 2024, setting records in U.S. Treasury holdings and USD₮ circulation.