The US$400 million investment will drive Crypto.com’s expansion towards other asset classes such as tokenised securities and derivatives.
Crypto.com announced a strategic US$400 million investment from Citadel Securities, marking the first institutional funding round in the Company’s decade-long history.
The funding is expected to accelerate Crypto.com’s expansion into all asset classes, including tokenised securities and derivatives, bridging the gap between digital assets and traditional markets to create a more efficient 24/7 financial ecosystem.
Kris Marszalek, Co-Founder and CEO of Crypto.com, said: “Having built the right regulatory and tech infrastructure over the last decade, Crypto.com is now perfectly positioned to capture this new wave of growth across all asset classes.”
Jim Esposito, President of Citadel Securities, added: “Crypto.com has built a foundation to support the continued institutionalisation of the digital asset market, and we are pleased to collaborate with the Crypto.com team as we help create the capital markets of the future.”
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