Citadel Securities made a $400 million strategic investment in Crypto.com, valuing the Singapore-based platform at $20 billion. This marks Crypto.com's first institutional funding round and signals a broader trend of Wall Street firms, including Visa and DTCC, investing heavily in blockchain infrastructure and tokenized assets.
Citadel Securities has invested $400 million in Singapore-based crypto exchange Crypto.com, valuing it at $20 billion. This marks Crypto.com's first institutional funding round and highlights traditional finance firms' increasing involvement in digital assets, with funds aimed at expanding into tokenized securities and derivatives.
Citadel Securities Küresel Makro Stratejiler Direktörü Frank Flight, ABD enflasyonunun kalıcı hale geldiğini ve Fed'in eylül ayında faiz artırımı yapma riskinin bulunduğunu belirtti. Flight, yapay zeka yatırımlarının da ekonomiyi canlı tuttuğunu ve iş gücü piyasasını hızlandırabileceğini vurguladı.
Charles Schwab and Citadel Securities are exploring entry into prediction markets, with Schwab CEO hinting at a potential offering. The combined trading volume for leading platforms Kalshi and Polymarket reached a record $23.6 billion in March. However, both firms indicated they would avoid sports betting-focused products, instead looking at event contracts for hedging investment risks like election outcomes.
Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings.
