• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Citadel Securities Plans to Enter Crypto Market with $65 Billion in Assets

user avatar

by Giorgi Kostiuk

a year ago

Citadel Securities, managing assets worth $65 billion, is showing interest in entering the cryptocurrency market.

Citadel Securities and the Crypto Market

The firm is considering becoming a market maker for some major cryptocurrency exchanges like Coinbase. It plans to start activities outside the US while observing regulatory developments in the country.

James Lavish's Opinion

Former hedge fund manager James Lavish highlighted the importance of this development, advising market participants not to be distracted by noise but to focus on its significance.

With over $60 billion of assets and one of the 10 largest hedge funds in the world, Citadel is now looking to make markets in Bitcoin and crypto. Do not let the noise drown out the signal. This is signal.

Ken Griffin's Shift in Crypto Perspective

Ken Griffin, CEO of Citadel, was previously skeptical of Bitcoin, likening it to 'tulip bulb mania' in 2017. However, in 2022, he admitted he was wrong about cryptocurrencies and acknowledged their significance.

Citadel Securities' entry into the cryptocurrency market could be a significant step in industry development, attracting attention from other major financial institutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kentucky Attorney General's Office Emphasizes Strict Editorial Standards

chest

The Kentucky Attorney General's Office has released a report emphasizing strict editorial standards focusing on accuracy, relevance, and impartiality.

user avatarKaterina Papadopoulou

Water.org Launches Get Blue Campaign

chest

Water.org has launched the Get Blue campaign to expand access to safe water through consumer participation and brand partnerships.

user avatarLeo van der Veen

Matt Damon to Speak at Ripple Swell 2026

chest

Matt Damon will be a keynote speaker at Ripple Swell 2026, highlighting the intersection of finance and philanthropy.

user avatarMaya Lundqvist

New Report on Ethereum EIP Specifications Released

chest

A report based on Ethereum EIP specifications has been published, providing valuable insights and updates for the Ethereum community.

user avatarLi Weicheng

Altcoins Experience Significant Selling Pressure

chest

Altcoins are experiencing significant selling pressure, with a cumulative buy-sell volume difference of approximately 209 billion, indicating weak market conditions.

user avatarAisha Farooq

Canary Capitals Launches Litecoin ETF Amid Slow Demand

chest

Canary Capitals has launched its Litecoin ETF, LTCC, but initial demand is limited compared to Bitcoin and Ethereum ETFs, with only $93 million in inflows.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.