• 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

9 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

Transferring Crypto via Exchanges and Wallets

chest

Transferring cryptocurrencies directly to wallets is an efficient option for tech-savvy users.

user avatarKenji Takahashi

Gifting Crypto via Hardware Wallets

chest

Gifting Crypto via Hardware Wallets

user avatarMaria Fernandez

Crypto Gift Cards and Vouchers as an Accessible Option

chest

Crypto gift cards and vouchers provide a simple way for novice users to enter the cryptocurrency space.

user avatarRajesh Kumar

How to Choose the Right Cryptocurrency to Gift

chest

How to choose a suitable cryptocurrency as a gift, focusing on well-established options like Bitcoin and Ether for stability and ease of management.

user avatarGustavo Mendoza

Lyzi's Growth Signals Shift in European Crypto Payments Landscape

chest

Lyzi's rapid growth and partnerships indicate a shift towards mainstream acceptance of crypto payments in Europe.

user avatarMiguel Rodriguez

Stellar Shows Resilience with Rebound Amid Technical Uncertainty

chest

Stellar has shown a hard rebound from long-term support, but faces technical uncertainty as traders analyze its momentum.

user avatarArif Mukhtar

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.