A Cantor Fitzgerald affiliated blank-check company is scaling back investor commitments for its upcoming cryptocurrency transaction as digital asset prices continue falling. The firm, serving as lead adviser on the deal, notified major investors they can now contribute roughly one-third of their originally pledged amounts, according to documents reviewed by Bloomberg.

This move reflects growing caution among institutional investors toward crypto investments amid sustained market weakness. Bitcoin and other major cryptocurrencies have struggled in recent weeks, eroding confidence in digital asset-focused mergers and acquisitions. SPAC sponsors typically seek firm commitments before announcing deals, making this reduction notable.

The revised terms suggest the Cantor-linked SPAC faces challenges securing full funding for its target acquisition. By lowering the barrier to participation, the company aims to maintain deal momentum while crypto markets remain volatile. Such adjustments often signal sponsors are working to salvage transactions that might otherwise collapse.

This development underscores how cryptocurrency market declines are affecting traditional financial institutions' digital asset strategies. The reduced commitment structure may become a template for other crypto-focused SPACs navigating similar headwinds.