Cantor Fitzgerald’s historical past is marred by tragedy: 658 of its staff have been killed on 9/11, nearly one-third of its world crew. As a result of it misplaced so many staff, the corporate was compelled to embrace digital buying and selling as a substitute of how issues conventionally labored within the Treasury market: human brokers calling or visiting purchasers. In the present day, Wall Avenue is embracing crypto and blockchains as a approach to disrupt outdated methods of doing enterprise and protecting information.
Howard Lutnick, Tether’s (USDT) Wall Avenue Banker, Is Trump’s Decide for Treasury Secretary
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