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Citadel Securities invests $400 million in Crypto.com: What to know

Citadel Securities invests $400 million in Crypto.com: What to know

00:00 Speaker A

Crypto.com announces $400 million strategic investment from Citadel Securities. I mean, this is wild. This is crypto.com’s first institutional funding round ever.

00:13 Speaker A

and it’s coming 10 years after they’ve existed. Now listen, we’ve, you know, we’ve got the crypto.com arena, we’ve got crypto.com all over F1. But I think a lot of people, uh, still, you know, looking at these platforms, choosing exchanges and wondering which one to go to.

00:26 Speaker A

Well, this is probably a big uh point for crypto.com. So what does this mean? Citadel Securities obviously has multiple branches. This is not the hedge fund side.

00:36 Speaker A

This is the much bigger market making…

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