• 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

XRP Technical Indicators Show Mixed Signals

chest

Technical indicators for XRP show a bearish MACD and an RSI above 50, indicating mixed signals for traders.

user avatarMaya Lundqvist

XRP Price Faces Downside Correction After Hitting 150 Zone

chest

XRP price has started a downside correction after reaching the 150 zone, with potential for further increases if it maintains support above 1440.

user avatarKaterina Papadopoulou

Ethereum Price Indicates Signs of Rebound.

chest

Ethereum price shows signs of recovery above the 2,320 zone, indicating potential gains.

user avatarLeo van der Veen

Trump Media's Revenue Growth Remains Minimal Amid Crypto Losses

chest

Trump Media Technology Group's core media business reported a revenue of only 871,200 in the first quarter of 2026, reflecting a modest increase from 821,200 in the same period last year, while struggling with substantial losses in cryptocurrency investments.

user avatarAisha Farooq

Trump Media Reports Major Financial Losses in Q1 2026

chest

Trump Media Technology Group reported a net loss of 406 million in Q1 2026, primarily due to unrealized losses on digital assets.

user avatarLi Weicheng

Trump Media Technology Group Faces Significant Stock Decline

chest

Trump Media Technology Group's stock has dropped over 90% from its peak, exacerbated by CEO Devin Nunes' resignation, leading to financial challenges and loss of investor confidence.

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.