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Crypto.com lands $400 million investment from Citadel Securities at $20 billion valuation

Citadel Securities invested $400 million in Crypto.com, valuing the company at $20 billion.The deal marks Crypto.com's first institutional fundraising round since its founding in 2016.Crypto.com said it will use the capital to expand into tokenized securities, derivatives and other asset classes as crypto and traditional finance converge.Crypto.com secured a $400 million strategic investment from market maker Citadel Securities in a deal that values the crypto exchange at $20 billion, marking th...

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