• 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

Investor Interest Soars Amid Market Democratization

chest

The success of IPO Genie's presale has attracted significant attention from both retail and institutional investors, indicating a shift towards democratizing access to private markets.

user avatarMaria Fernandez

IPO Genie Presale Surpasses 114,000 Milestone

chest

IPO Genie, an emerging Web3 platform, has launched its presale in early November 2025, successfully accumulating over 114,000.

user avatarKenji Takahashi

Investor Optimism Grows Around Alphabet Inc's TPUs

chest

Investors are increasingly optimistic about Alphabet Inc's tensor processing units (TPUs) as a potential major source of revenue.

user avatarRajesh Kumar

Raoul Pal Explains Current Crypto Market Dynamics

chest

Raoul Pal discusses the current state of the crypto market, emphasizing a temporary liquidity gap rather than a market top.

user avatarGustavo Mendoza

AI16Z Rebrands to ELIZAOS

chest

AI16Z has officially rebranded to ELIZAOS, marking a significant shift in its mission to build a comprehensive AI Agent operating system.

user avatarDiego Alvarez

Analysts Monitor Solana's Market Performance

chest

Analysts are currently monitoring Solana's market performance as it trades near 143.20, showing modest weekly gains. They have identified a potential double-bottom formation with neckline resistance at 148 to 150. A breakout above this level could pave the way for prices to reach 165 and later 180. However, if the price is rejected, it may fall back to the range of 128 to 132. Strong accumulation near 130 is supporting bullish expectations for Solana.

user avatarMiguel Rodriguez

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.