$64 Billion Hedge Fund to Offer Crypto Trading
Citadel Securities, which boasts $65 billion in assets under management, is reportedly considering venturing into cryptocurrency trading, according to a recent report by Bloomberg.
The Miami-headquartered firm aims to become a market maker for some prominent cryptocurrency exchanges, including Coinbase.
It initially plans to test the waters outside the US while observing regulatory developments in the country.
Former hedge fund manager James Lavish has stressed the significance of this development in his recent statement, urging market participants not to let the noise “drown out the signal.”
