• 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

Michael Saylor Advocates for Bitcoin as Pure Digital Capital

chest

Michael Saylor emphasizes that Bitcoin should remain a pure digital asset, separate from yield-bearing crypto systems.

user avatarMaya Lundqvist

Bitcoin Tests Global Liquidity Assumptions

chest

Bitcoin is currently testing the assumption that rising global liquidity will lead to higher prices, as global M2 liquidity reaches a record high.

user avatarLeo van der Veen

Switzerland to Host US-Iran Memorandum Signing on June 19, 2026

chest

Switzerland is set to host a US-Iran memorandum signing on June 19, 2026, involving Qatar and Pakistan as mediators.

user avatarLi Weicheng

Aztec Connect Smart Contract Exploited for $219 Million

chest

A deprecated Aztec Connect smart contract has been exploited for about $219 million, highlighting the risks associated with old contracts in DeFi.

user avatarAisha Farooq

World Liberty Financial Partners with UFC for USD1 Stablecoin Bonus Pool

chest

World Liberty Financial has partnered with UFC to use its USD1 stablecoin in the event's bonus structure, aiming to promote the token to a mainstream sports audience.

user avatarTenzin Dorje

Binance Reaffirms Commitment to EU Operations Amid License Concerns

chest

Binance has stated its intention to continue serving EU customers despite potential license issues.

user avatarBayarjavkhlan Ganbaatar

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.