Crypto.com Reaches $20 Billion Valuation After $400M Citadel Securities Investment

Citadel Securities invested $400 million in Crypto.com on July 16, valuing the Singapore-based exchange at $20 billion in its first-ever institutional funding round. The market maker, founded by billionaire Ken Griffin, will support the exchange's expansion into tokenized securities and derivatives, according to CEO Kris Marszalek's announcement.
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