• 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

Bitcoin's Volatility Indicators Signal Potential Market Shift

chest

Bitcoin's volatility metrics indicate potential for sharp price changes due to historical compression.

user avatarMaya Lundqvist

Mutuum Finance Introduces V1 Protocol on Sepolia Testnet.

chest

Mutuum Finance has launched its V1 protocol, allowing users to test lending and borrowing features on the Sepolia testnet.

user avatarKaterina Papadopoulou

Dagestan Faces Ongoing Challenges with Illegal Cryptocurrency Mining

chest

Dagestan faces ongoing challenges with illegal cryptocurrency mining despite a complete ban enforced by Russian authorities since January 1, 2025.

user avatarTomas Novak

Authorities Shut Down Illegal Crypto Mining Operation in Dagestan

chest

Law enforcement authorities in Dagestan have dismantled an illegal cryptocurrency mining operation in the village of Maidanskoye, seizing 68 mining devices and causing significant financial damage.

user avatarLeo van der Veen

Geopolitical Tensions Escalate, Impacting Global Markets

chest

Geopolitical tensions are escalating in early 2026, affecting global markets as investors shift to safer assets like gold due to rising risks.

user avatarLi Weicheng

Cathie Wood Predicts End of Bitcoin Selling Pressure

chest

Cathie Wood, CEO of Ark Invest, believes that the selling pressure on Bitcoin has significantly decreased and an uptrend is expected to resume.

user avatarAisha Farooq

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.