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CoinDesk·3 min read·medium

Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion

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Will Canny
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion
AI Summary

Citadel Securities has invested $400 million into Crypto.com, valuing the exchange at $20 billion. The funding is intended to accelerate the platform's expansion into tokenized securities and institutional-grade financial infrastructure.

The funding comes as digital assets draw greater participation from traditional financial institutions and as tokenized assets emerge as a growing area of focus for the industry.

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