Citadel Securities
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Citadel Securities invests $400 million in Crypto.com
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Citadel Securities has committed $400 million to Crypto.com in a deal that values the exchange at $20 billion. The investment marks Crypto.com's first institutional funding round in a decade and follows a similar $200 million stake in rival Kraken last year.
Crypto.com has received a $400 million strategic investment from Citadel Securities, valuing the cryptocurrency exchange at $20 billion. The deal marks the company's first institutional funding round since its founding in 2016.