• 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

BNB Chain Emerges as a Leader in Real-World Asset Tokenization

chest

BNB Chain has rapidly grown as a prominent platform for real-world asset (RWA) tokenization, achieving significant milestones in asset value and user engagement.

user avatarMohamed Farouk

Boris Johnson Warns of Risks in Bitcoin Investments

chest

Boris Johnson warns about the risks of investing in Bitcoin, highlighting potential losses and the need for caution among investors.

user avatarTenzin Dorje

Boris Johnson Raises Concerns Over Bitcoin's Legitimacy

chest

Former UK Prime Minister Boris Johnson raises concerns about Bitcoin's legitimacy, citing significant investor losses and risks associated with the cryptocurrency.

user avatarBayarjavkhlan Ganbaatar

Democratic Lawmakers Push for Ban on Prediction Markets Amid Corruption Concerns

chest

Democratic lawmakers introduced the BETS OFF Act to ban prediction markets tied to government actions due to corruption concerns.

user avatarElias Mukuru

Adobe Stock Price Targets Adjusted by Analysts Following CEO Exit

chest

Following the CEO's departure, multiple firms have adjusted their price targets for Adobe stock, reflecting market uncertainty.

user avatarMaria Fernandez

Adobe Stock Price Plummets After CEO Shantanu Narayen Steps Down

chest

Adobe's stock price dropped nearly 9% after CEO Shantanu Narayen's departure announcement, despite strong Q1 2026 earnings.

user avatarKenji Takahashi

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.