#TrumpInCrypto #ANALYSIS
Cantor Fitzgerald head joins Trump's campaign
Howard Lutnick, the head of financial services company Cantor Fitzgerald, will lead Donald Trump's transition into the White House should he be elected president this November.
Trump’s campaign confirmed the news on Aug. 16, adding that World Wrestling Entertainment co-founder Linda McMahon will also be part of the transition team. Both Lutnick and McMahon have donated heavily to Trump's 2024 presidential campaign.
Cantor Fitzgerald is no stranger to digital assets. Since 2021, the company has managed stablecoin issuer Tether's treasury portfolio. Earlier this month, a filing with the Securities and Exchange Commission also confirmed that the company held more than $18 million worth of shares of BlackRock's Bitcoin exchange-traded fund.
Lutnick himself is a Bitcoin proponent, having announced the launch of a $2 billion lending program at the recent Bitcoin conference in Nashville, Tennessee.
