Maple closes first tranche of Bitcoin-backed financing from Cantor to expand its institutional crypto credit

Maple closes first tranche of Bitcoin-backed financing from Cantor to expand its institutional crypto credit
2m · May 27, 2025

Maple, the leading on-chain asset manager, today announced it has expanded its capital strategy with the closing of its first tranche of a Bitcoin-backed financing facility from Cantor, a premier global investment bank. This transaction marks a major milestone in institutional digital asset adoption, signaling the next phase of capital formation between traditional and decentralized markets.

“This first financing facility through Cantor enables Maple to accelerate its growth and expand its reach as the premier provider of institutional digital asset credit,” said Sidney Powell, CEO and Co-Founder of Maple Finance. “We’re seeing strong and increasing demand from institutions looking to access the crypto market through reliable, regulated channels. As a crypto-native asset manager with institutional roots, Maple is well-positioned to meet this demand.”

“We are pleased to support Maple’s growth by helping broaden the company’s access to diverse funding sources,“ said Michael Cunningham, Head of Bitcoin Financing at Cantor. “Through our Bitcoin Financing Business, we are excited to unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets.”

Cantor’s Bitcoin Financing Business, which expects to make available up to $2 billion of financing in its initial phase, provides leverage to institutional investors who hold Bitcoin, bringing scale, structure, and sophistication to the digital asset industry. Maple's selection as an inaugural borrower under this program underscores the company's institutional credibility and market-leading position in crypto credit markets. Anchorage Digital, a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, and settlement, was the custodian on the transaction.

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