Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Bank

Cantor Fitzgerald

Custodian of the Treasury reserves behind Tether's stablecoins and one of the 24 primary dealers authorised to trade US government securities with the Federal Reserve Bank of New York; in July 2026 it agreed to work with Securitize on tokenized share issuance during initial public offerings.

Kind Bank
Jurisdiction United States
Founded 1945
Stories filed 1

The profile

New York financial services firm founded in 1945, and one of the 24 primary dealers authorised to trade US government securities with the Federal Reserve Bank of New York. It custodies the Treasury reserves behind Tether's stablecoins and was named reserve custodian and preferred primary dealer for USAT, Tether's US-regulated token. In July 2026 it agreed to work with Securitize on issuing equity in tokenized form during initial public offerings, with executives suggesting issuers might tokenize 5% to 10% of an offering.

Products and services

Government securities dealing
Primary dealer franchise in US Treasuries, used to hold and manage reserve assets backing regulated dollar tokens.
Bitcoin financing
Bitcoin-backed lending business launched with an initial $2bn of capacity and third-party digital asset custodians.

Coverage

Developments in which Cantor Fitzgerald is a named party, newest first.

On the record

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