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Topic: market-making

Wall Street and the New York Stock Exchange
Crypto
Friday, 7/17, 01:30 AM

Citadel Securities Puts $400 Million Into Crypto.com at a $20 Billion Valuation

  • Citadel Securities, one of the world's biggest market makers, has made a $400 million strategic investment in the exchange Crypto.com, valuing it at $20 billion.
  • It is Crypto.com's first outside funding round since it was founded in 2016, and another sign of Wall Street's trading giants moving deeper into crypto's plumbing.

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