Crypto.com Lands $400M from Citadel | Business and Finance News

Crypto.com just snagged a $400 million investment from Citadel Securities, boosting its valuation to $20 billion — a major milestone as it becomes the first crypto firm to secure big institutional funding. This cash infusion will fuel expansion into tokenized securities and derivatives, signaling Wall Street’s growing embrace of crypto. With Citadel’s prior stake in Kraken and other traditional giants like NYSE and Nasdaq entering the space, the fusion of traditional finance and digital assets is accelerating. Despite market dips, Crypto.com is also pushing regulatory wins, including a U.S. national trust bank charter and ties to the Trump administration — painting a picture of crypto’s rapid integration into mainstream finance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a3fdce063b152277