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Morning Minute: Citadel Securities Commits $400 million in Crypto.com

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Morning Minute is a daily newsletter written by Tyler Warner.

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Crypto majors fall alongside stocks as chips selloff continues; BTC at $63.2k. Robinhood Chain rotations continue as INDEX surges, other leaders sell off. Citadel Securities made a $400 million strategic investment in Crypto.com, valuing the Singapore-based platform at $20 billion. Citadel Securities, the Ken Griffin-founded firm that handles a huge share of all U.S. equity trading, spent years on the sidelines of crypto and only cautiously entered market-making in the space. The convergence of Wall Street and crypto has become abundantly clear, and today alone proved it:.

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#Citadel Securities #Bitcoin #Funding Round