Crypto.com's First Institutional Round in 10 Years

Crypto.com just took its first institutional money ever, and it came from Citadel Securities Crypto.com announced a $400M strategic investment from Citadel Securities, its first institutional funding round in a decade of existence. We've all seen the Crypto.com arena and the F1 branding, but this is a bigger moment. And it's not Citadel's hedge fund side, it's the much larger market making and securities arm. The deal values Crypto.com at $20B. #CryptoCom #Citadel #Crypto #Bitcoin #Exchange