• 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

Russia's Bitcoin Mining Benefits from Low Energy Costs

chest

Russia ranks second in Bitcoin mining due to low energy costs and a structured regulatory framework, benefiting from a cold climate that reduces cooling expenses.

user avatarNguyen Van Long

China's Bitcoin Mining Presence Persists Despite Ban

chest

China's Bitcoin mining presence continues despite a ban, attributed to underground operations and cross-border arrangements.

user avatarSatoshi Nakamura

Technical Analysis of WTI Crude Prices

chest

WTI crude has recently broken through several important Fibonacci retracement levels, indicating a bullish market structure.

user avatarJesper Sørensen

Ali Martinez Identifies Key Accumulation Zones for Bitcoin

chest

Crypto analyst Ali Martinez identifies key accumulation zones for Bitcoin, targeting $40,000 and $30,000 based on historical market patterns.

user avatarRajesh Kumar

Web3 Platforms Innovate User Retention Strategies with Tokenomics

chest

In 2026, successful Web3 platforms redefine user engagement through innovative tokenomics, incentivizing active participation and fostering brand loyalty.

user avatarLucas Weissmann

XRP Ledger Launches ZK Privacy Transactions

chest

The XRP Ledger has introduced zero-knowledge (ZK) privacy transactions, marking a significant milestone for the network.

user avatarFilippo Romano

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.