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Citadel Securities Invests $400M in Crypto.com at $20B Valuation
Crypto.com secured a $400 million investment from Citadel Securities at a $20 billion valuation. A market-maker of Citadel's standing taking a direct equity position in an exchange — rather than just providing liquidity to it — is a structural shift in how traditional finance engages with digital asset venues. Follows the Visa stablecoin platform launch as part of a broader TradFi-crypto convergence week.
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