Leading hedge fund Citadel Securities has invested $400 million U.S. in Crypto.com as part of a funding round that valued the digital asset exchange at $20 billion U.S. 

Crypto.com has concluded its first institutional funding round since it was founded a decade ago, the company said in a news release.

Among the notable investors in the latest funding round for privately held Crypto.com was hedge fund Citadel Securities, led by well-known investor Ken Griffin.

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The funding comes as digital assets draw greater attention from Wall Street and traditional financial institutions.