Citadel Securities Invests $400m in Crypto.com, Crypto Majors Selloff, Robinhood Rotations Continue

Crypto majors are red, down 2-3%; BTC -2% at $63k; ETH -2.5% at $1,835; SOL -2% at $75; HYPE -8% at $60. CRO (+5%), ARB (+3%) and LDO (+3%) led top movers. Oil +2% at $81; Gold -1% at $3,997. Stock futures are deep red as the chip selloff continues; DOW -0.6%, Nasdaq -1.7%. Visa launched a stablecoin platform backing Open USD, piling more competitive pressure on Circle as the payments giants line up behind the 140-firm consortium. Alpaca raised $135 million to build tokenized-stock infrastructure. Keyrock acquired BlockFills’ trading assets, expanding the market maker’s institutional crypto business through consolidation. An open-standards body for AI payments launched, aiming to build a financial system for AI bots to transact autonomously, the latest push into agentic commerce. Galaxy launched institutional stablecoin-yield vaults, targeting DeFi returns for institutions chasing yield on idle stablecoins. Polygon Labs announced layoffs as it pivots from a blockchain foundation to a blockchain payments company, with CEO Marc Boiron saying it's in the final stage of acquiring Coinme and targeting profitability in 2027. Powered by https://myriad.markets/markets