Ken Griffins, founder of Citadel Securities, formerly called “jihadist” cryptocurrency, but now the long-awaited cryptography titles are there.
The long -term citadel citadel adventure has arrived, reshaping the landscape of cryptography in real time.
Ken Griffin, founder of Citadel Securities, once rejected cryptocurrency as a “jihadist call” against the US dollar. Quick advance until 2025, and his business rotated in the sector.
Citadel Securities should provide liquidity on the main platforms such as Coinbase, Binance and Crypto.com – indicating a major change in institutional support for digital assets.
Citadel Crypto: from skeptic to market
Citadel Securities, the negotiation giant behind $ 503 billion in daily activity and a third of current US operations, enters the crypto ring. Advice from this decision surfaced at the UBS Financial Services conference in February, where Griffin has gained a change in strategy.
Just in: 65 billion dollars Citadel Securities seek to become a liquidity supplier for Bitcoin & Crypto, betting on the embrace of President Trump of the industry
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– Bitcoin Magazine (@bitcoinmagazine) February 24, 2025
From now on, sources confirm that Citadel Crypto will be a manufacturer of digital asset markets, creating specialized sales teams in Offshore to bypass American regulatory obstacles.
“This is the signal of a larger market change,” explains Calvin Shen of Hex Trust, even if the initial liquidity gains are progressive.
Regulatory winds promote crypto
Citadel’s crypto pivot does not occur in a vacuum. The Trump administration was busy creating a more user -friendly regulatory landscape for digital assets, in particular by creating a working group on the dry crypto led by Hester Peirce, an ally of the known industry.
Ken Griffin, who has once lated the sector for his lack of controls, now applauds these movements. Addressing South Florida Business Journal, he said: “The markets are cleaned when level one players are allowed to participate. I would like to see it happening in crypto.
A new chapter for the adoption of institutional cryptography
Citadel is not a total stranger to the crypto. In 2023, they launched Edx Markets with Charles Schwab and Fidelity Investments. Built for institutions, EDX shared the trading of the guard, avoiding the traps that have flowed exchanges like FTX.
Its non -guardian model quickly aroused the interest of prudent financial heavy goods vehicles, Singapore emerging as a key growth center.
The collapse of the FTX in 2022, marred by daring risk practices, left a shaken industry. Citadel’s institutional philosophy is opposed to this chaos.
The decision of Citadel Securities to participate in the crypto concerns less their net result and more on the evolution of the industry. It is not only a business – it is a reflection of a broader change among the inherited finances.
There will be obstacles – regulation, carpet prints, execution and persistent volatility of the cryptography market, but the importance is difficult to miss.
The Citadel movement legitimizes an industry that always shakes its growing pain and opens the door to a deeper institutional involvement.
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Main to remember
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The Citadel Crypture in the long term has arrived, reshaping the landscape of cryptography in real time.
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Citadel Securities Sauter in the crypto concerns less their net result and more on the evolution of the industry.
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