Citadel Securities Invests $400M in Crypto.com at $20 Billion Valuation
Citadel Securities has invested $400 million in Crypto.com, valuing the platform at $20 billion in what the company describes as its first institutional funding round. The proceeds will be used to expand Crypto.com's tokenization and derivatives operations. The deal marks a significant step toward mainstream institutional involvement in the crypto exchange space.
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