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Crypto.com valuation hits $20bn after investment from Citadel Securities
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NEWSDECK ANALYSIS
The growing involvement of traditional financial institutions in the digital assets space has been a notable trend in recent years, with several major players investing in or partnering with cryptocurrency exchanges. Citadel Securities, as a prominent market-maker, is the latest example of a Wall Street firm making a significant bet on the potential of blockchain technology and digital assets. This investment reflects the increasing recognition of the potential for cryptocurrency and blockchain to disrupt traditional financial systems and create new opportunities for growth.
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FT UK
Crypto.com valuation hits $20bn after investment from Citadel Securities
Market-maker’s bet on Singapore-based exchange reflects Wall Street push into digital assets and blockchain technology
16 Jul, 18:00
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