• 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

8 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.

Other news

Analysts Warn of Market Rally Dependency on Ending QT

chest

Experts caution that a rate cut alone may not be sufficient for a market rally without the cessation of Quantitative Tightening.

user avatarMaria Fernandez

JA Maartun Releases Emergency Market Update Amid Bitcoin's Correction

chest

JA Maartun releases an Emergency Market Update on social media platform X in response to Bitcoin's 16% correction, providing six pivotal charts to assist traders.

user avatarGustavo Mendoza

Institutional Investors Enhance Cryptocurrency Legitimacy

chest

The entry of institutional investors into the cryptocurrency market is significantly enhancing its legitimacy.

user avatarRajesh Kumar

NFT Market Sees Significant Growth and Regulatory Changes in 2025

chest

In 2025, the global NFT market has reached approximately 49 billion USD, with projections indicating massive growth driven by regulatory changes and expanded use cases.

user avatarNguyen Van Long

Long-term Outlook for XRP Remains Positive

chest

The long-term outlook for XRP remains positive due to Ripple's integration with traditional finance, despite short-term market volatility.

user avatarMiguel Rodriguez

Dom Kwok Urges XRP Holders to Stay Optimistic

chest

Dom Kwok urges XRP holders to remain optimistic, suggesting that a single positive trade announcement between the US and China could shift market sentiment and lead to a potential rebound.

user avatarLuis Flores

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.