温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/ko/60864.html
点击访问原文链接

Political and Business Winners Amid the Crypto Craze: Unveiling the $2.5 Billion Annual Income of the Trump Commerce Sec | Bee Network

进入原网站 导航首页
Political and Business Winners Amid the Crypto Craze: Unveiling the $2.5 Billion Annual Income of the Trump Commerce Sec | Bee Network Login 인기 뉴스 밈 런치패드 AI 에이전트 DeSci 탑체인 익스플로러 뉴비의 경우 100x 코인 꿀벌 게임 필수 웹사이트 필수 앱 암호화폐 유명인 드핀 루키 에센셜 함정 탐지기 기본 도구 고급 웹사이트 교환 NFT 도구 안녕, 로그아웃 웹3 유니버스 계략 DApp 꿀벌 하이브 성장하는 플랫폼 기원 후 찾다 영어 코인 충전 로그인 다운로드 웹3 유니 계략 DApp 꿀벌 하이브 기원 후 집•분석•본문 Political and Business Winners Amid the Crypto Craze: Unveiling the $2.5 Billion Annual Income of the Trump Commerce Sec분석3개월 전업데이트와이엇 17,073 9 Original translation by Luffy, Foresight News

Cantor Fitzgerald LP may have a special item on his year-end expense list this year.

“I just left the office and joked with someone that I’d be happy to buy him a folding bed because he’s coming to work on Sunday and won’t leave until Friday,” said Sage Kelly, 53, co-CEO of Cantor Investment Bank, in an interview at his New York office.

This New York-based private boutique financial institution is experiencing its busiest and most successful year ever, steadily climbing the Wall Street rankings, capitalizing on the 암호화폐currency boom, and reviving its special purpose acquisition company (SPAC)-driven transaction business.

Currently, Cantor is controlled by brothers Brandon and Kyle Lutnick, whose father, Howard Lutnick, joined Donald Trump’s administration earlier this year as Secretary of Commerce. According to sources familiar with the matter, the company’s revenue is expected to exceed $2.5 billion in 2025, a record high and more than a quarter higher than last year.

From left to right: Pascal Bandelier, Christian Wall, Kyle Lutnick, Brandon Lutnick, Sage Kelly, photographed at the company’s New York office.

“An industry giant like Howard, a man of unwavering resolve, who has worked here for 40 years and led the company for 30, will inevitably leave a huge void,” Kelly said. He served as co-CEO with Pascal Bandelier and Christian Wall, overseeing the company’s operations. “But the entire company stepped up and succeeded—thanks to Brandon and Kyle.”

Executives expressed their skepticism regarding the claim that “new relationships in Washington contributed to the company’s success.” They argued that Cantor’s success was not accidental, but rather a result of a lean team and years of proactive preparation in areas that established banks avoided.

According to sources familiar with the matter, the company’s 250 dealmakers are expected to generate over $1 billion in revenue. Based on data from Coalition Greenwich, each banker contributes approximately $4 million in revenue, roughly twice the efficiency of large Wall Street firms.

A spokesperson for Cantor declined to comment on the company’s financial results.

This year, Cantor underwrote the most US IPOs in the industry and ranked fifth in all US stock offerings, surpassing established institutions such as Barclays and Citigroup. The company’s trading business is thriving, with clients primarily outside the US. Furthermore, Cantor was expected to acquire hedge fund O’Connor from UBS before the end of the year. However, this deal was stalled at the last minute due to losses incurred by the division related to the bankrupt auto parts supplier First Brands Group.

Cantor has also hired bankers and plans to expand into the German market and participate in the wave of mergers and acquisitions of regional banks in the United States (there are approximately 4,000 regional banks in the US). Another target market is the Middle East: Cantor has already established a banking team in Dubai and is preparing to enter Abu Dhabi, planning to introduce stock sales and trading, and investment banking services to the region.

Cantor derives much of its revenue from the surge in cryptocurrency-related transactions , including providing financing services to multi-billion dollar crypto treasury companies. In addition, the company’s early investments in now-thriving sectors such as rare earth minerals, quantum computing, robotics, and data centers have also yielded substantial returns.

Howard Lutnick joined President Donald Trump’s administration earlier this year as Secretary of Commerce.

“The five core global themes happen to correspond to our five largest investments over the past three or four years,” said Bandelier, 46, who also heads the equity division, which is projected to double its 2008 revenue (the previous best year) by 2025.

The series of successes, culminating in the Lutnick brothers and their younger siblings taking over a majority stake in the company, has garnered significant attention from Wall Street and Washington. Executives have dismissed allegations of conflicts of interest, stating that they now operate independently of Howard and that they had already strategically positioned themselves for these inevitably booming businesses, making current profitability a natural consequence.

“I assure you, we haven’t gotten anything for nothing,” Kelly said. “It’s easy for our competitors to say that because they haven’t been involved in our work every day and don’t understand how hard it is.”

On Tuesday, at the luxurious Ritz-Carlton Hotel in Miami Beach, Brandon Lutnick described the busy period his family had just experienced during a meeting.

“My brother Kyle and I have always hoped to be in this position, but it has come much sooner than we expected,” said Brandon, 27, who serves as chairman and CEO of the parent company, while his 29-year-old brother Kyle serves as executive vice chairman. “This has been a fantastic year for our company.”

The previous evening, Brandon hosted a dinner party where he sat next to Bo Hines, the former cryptocurrency advisor to the president, and the Winklevoss brothers, founders of a cryptocurrency exchange. Kevin O’Leary, a crypto asset advocate and television personality known for his show “The Winners,” was also seated beside him.

Cantor is also partnering with long-time client Tether on plans to launch a stablecoin in the US; and is acting as its financial advisor (Cantor is also an investor in Tether), assisting with its fundraising. This funding round could value Tether at up to $500 billion, generating billions of dollars in profits for Cantor. Furthermore, Cantor also benefits from the Genius Act passed by the Trump administration in July, which establishes a regulatory framework for stablecoins in the US.

“We were already involved in the cryptocurrency field long before Howard joined the government,” Kelly said. “We had already established a presence in the technology and industrial sectors, and we were also already involved in the power and renewable energy industries before Howard took office.”

Tether CEO Paolo Ardoino and Cantor Chairman Brandon Lutnick at the 2025 Bitcoin Conference in Las Vegas.

Not everyone believes in Cantor’s independence. In August, Democratic Senators Ron Wyden and Elizabeth Warren requested more information after reports surfaced that Cantor was considering brokering a deal that would allow hedge funds to profit if U.S. tariffs were lifted. Sources familiar with the matter revealed that while other banks had also been involved in similar deals, Cantor not only abandoned the deal but also refused to advise Trump Media Technology Group’s Bitcoin asset treasury to avoid potential conflict-of-interest allegations.

“When the son of the Commerce Secretary takes the helm of a Wall Street firm that his father once led, it’s inevitable that people will question whether everything is compliant,” Wyden wrote in an email to Bloomberg in August.

But in a time when politics and business are intertwined in unprecedented ways, Cantor has not shied away from engaging with government officials. At a meeting in Miami, the company hosted Eric Trump, son of the president, and Texas Senator Ted Cruz—who chairs the committee reviewing the Commerce Department under Howard Lutnick. That evening, Brandon Lutnick rushed to Washington for a dinner at the White House, dining with Wall Street tycoons and his father.

Cryptocurrencies have been met with skepticism for years, but early investors believed that wealth was only a matter of time.

“No winter is without spring,” said Wall, 50, who heads the firm’s fixed income business, which launched a multi-billion dollar lending service backed by Bitcoin and completed its first transaction in May. Wall stated that the Trump administration’s support for innovation, clearer regulations, and the resulting institutional adoption are “creating a whole new world.”

Bandelier said the company’s success was also due to the downturn in mid-sized U.S. banks. “This has been the easiest period of my career in hiring,” he said.

In a sense, Cantor and the cryptocurrency industry have changed, with this year’s Miami conference (the third in four years) being open to the media for the first time.

Another notable event was that Paolo Ardoino, the keynote speaker and CEO of Tether, spoke before two of the most influential financial regulators in the United States—Paul Atkins, Chairman of the Securities and 교환 Commission, and Caroline Pham, Acting Chair of the Commodity Futures Trading Commission.

During a break in the meeting, the three posed for a photo with Brandon Lutnick and Cantor’s General Counsel Stephen Merkel, all smiles.

이 글은 인터넷에서 퍼왔습니다: Political and Business Winners Amid the Crypto Craze: Unveiling the $2.5 Billion Annual Income of the Trump Commerce Secretary’s FamilyRecommended Articles

Related: Ondo’s integration with BNB Chain: The moment when compliant institutional assets meet crypto retail traffic Author | Dingdang ( @XiaMiPP ) In the 2025 crypto landscape, RWA (Real World Assets) has leaped from a fringe concept to a “cash flow engine” jointly bet on by institutions and on-chain funds. It’s no longer an empty slogan of “tokenizing everything,” but a compliant track where traditional finance and blockchain truly intersect. The entry of traditional financial giants like BlackRock, Goldman Sachs, and Fidelity over the past two years has given this experiment real-world support. The successful launches of BlackRock’s BUIDL fund and Goldman Sachs’ on-chain bond pilot program signify that core assets of traditional finance are being systematically moved onto the blockchain. RWA is no longer just a Web3 testing ground, but a legitimate battleground where traditional capital is actively involved. In this race to put trillions…

# 분석# 비트코인# 암호# 교환# 마켓© 版权声명배열 上一篇 In-depth analysis of the value of Uniswap's unification proposal and the CCA protocol 下一篇 The Airdrop Hunter's Arsenal: Six Key Indicators for Screening Truly High-Potential Projects 상关文章 Behind the Movement turmoil: a 10,000-word analysis of the game and breakthrough between project owners, market makers a 6086cf14eb90bc67ca4fc62b 34,050 1 SignalPlus Macro Analysis Special Edition: Up Only 6086cf14eb90bc67ca4fc62b 25,530 3 With its share price plummeting 60%, can Metaplanet’s preferred stock financing break the downward spiral?Recommended Ar 6086cf14eb90bc67ca4fc62b 20,267 1 From a joke meme to a serious L1 in 48 hours, will Gorbagana fork Solana? 6086cf14eb90bc67ca4fc62b 31,501 3 MEI Pharma bets 100 million yuan on Litecoin, is the altcoin micro-strategy craze coming? 6086cf14eb90bc67ca4fc62b 25,489 BitMart VIP Insights: Crypto Market Review in May and Outlook for June 6086cf14eb90bc67ca4fc62b 27,342 2 댓글 없음 댓글을 남기시려면 로그인이 필요합니다! 즉시 로그인 댓글이 없습니다... Bee.com 세계 최대의 Web3 포털 파트너 코인카프 바이낸스 코인마켓캡 코인게코 코인라이브 갑옷 Bee Network 앱을 다운로드하고 web3 여정을 시작하세요 백지 역할 자주하는 질문 © 2021-2026. 모든 권리 보유. 개인 정보 정책 | 서비스 약관 꿀벌 네트워크 앱 다운로드 Web3 여정을 시작해보세요 세계 최대의 Web3 포털 파트너 CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors 백지 역할 자주하는 질문 © 2021-2026. 모든 권리 보유. 개인 정보 정책 | 서비스 약관 찾다 찾다사이트에온체인사회의소식 熱门推荐 : 에어드롭 헌터 데이터 분석 암호화폐 유명인 함정 탐지기 한국어 English 繁體中文 简体中文 日本語 Tiếng Việt العربية Bahasa Indonesia हिन्दी اردو Русский 한국어

智能索引记录