• 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

10 months 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

Algorand's Price Prediction for 2026-2030: Will ALGO Finally Reach $1?

chest

A comprehensive analysis of Algorand's potential price trajectory from 2026 to 2030, focusing on key factors influencing its market position.

user avatarDavid Robinson

Fartcoin Leverages Absurdity for Market Attention

chest

Fartcoin utilizes absurd humor as a strategy to capture attention in the meme coin market.

user avatarZainab Kamara

Official Trump Blends Politics with Meme Culture

chest

Official Trump merges politics with meme culture in the cryptocurrency market.

user avatarAyman Ben Youssef

SPX6900 Merges Satire with Market Commentary

chest

SPX6900 combines humor and market commentary, reflecting investor sentiment through satire.

user avatarSon Min-ho

Pudgy Penguins Transforms into a Recognizable Brand

chest

Pudgy Penguins has evolved from an NFT collection into a broader brand, showcasing the potential for long-term engagement in meme culture.

user avatarJacob Williams

Canton Confirms Intentional Permissioned Design in Documentation

chest

Canton Network's technical documentation confirms its intentional permissioned design for regulated financial markets.

user avatarKofi Adjeman

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.