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Otet Markets reports Citadel Securities’ $400M investment in Crypto.com at $20B valuation
Otet Markets announced that Citadel Securities has invested $400 million in Crypto.com, valuing the company at $20 billion, to support its expansion into tokenized securities and derivatives.
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Crypto.com has received a $400 million strategic investment from Citadel Securities, marking the first institutional funding round in the company's ten-year history and resulting in a post-money valuation of $20 billion. According to official statements, the funds are intended to support Crypto.com's planned expansion into tokenized securities and derivatives, with the aim of linking digital asset infrastructure and traditional capital markets. Exact details about the terms of the investment, including governance rights, board representation, and operational involvement from Citadel Securities, were not disclosed.
Otet Markets is a Forex and CFD broker that offers access to over 300 trading instruments, including currency pairs, stocks, indices, commodities, and cryptocurrencies via the MetaTrader 5 and cTrader platforms. The broker provides a variety of account options, supports algorithmic trading and trade copying, and offers 24/7 customer support. More information can be found in the broker profile on Traders Union.
In our earlier news about Otet Markets, we reported on the suspension of AscendEX’s operations due to EU regulatory challenges and manual withdrawal processes. For a detailed overview, see the previous Otet Markets update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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