• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Citadel Securities ideas to make a new cryptocurrency trading platform

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
CoinEx: more than trading

CoinEx: far more than trading

November 27, 2023

American industry maker Citadel Securities, founded by 47 wealthy billionaires all-around the planet Ken Griffin, is setting up its personal cryptocurrency trading platform.

Citadel Securities plans to build a new cryptocurrency trading platform
Citadel Securities ideas to make a new cryptocurrency trading platform

According to a supply acquainted with the ideas, Citadel Securities, the sister business of preferred hedge fund Citadel LLC, is setting up a cryptocurrency trading platform with the aid of higher-frequency trading company Virtu Financial. , as very well as a very well-regarded cryptocurrency investment Sequoia Capital and Paradigm money. Both money participated in Citadel Securities’ $ one.15 billion funding round earlier this 12 months.

Citadel Securities’ new platform will be intended to generate much more effective accessibility to cryptocurrency liquidity for institutional traders. This is evidence that the business does not seem to be troubled by the deepening bear industry in excess of time, which has witnessed its complete industry capitalization drop by practically 60% because November / November 2021.

Additionally, Citadel Securities’ aforementioned ambitions will be supported and strongly guided by more wealth managers, industry makers and other business leaders. However, they did not specify a certain time frame for the undertaking to be launched. The supply additional:

“The current cryptocurrency market structure is lacking and prevents wider adoption by many investors, which Citadel Securities is facing,” the supply explained. The company’s prepare is for a broader cryptocurrency exchange industry or ecosystem, not just all-around an exchange. “

Interestingly, Citadel Securities’ prepare to make a cryptocurrency trading platform comes at a time when LUNA-UST’s demise is coming to an finish and Citadel is rumored to be 1 of two mutual money, with BlackRock behind. the “short sale” of LUNA and UST to make large revenue. However, all costs had been dismissed quickly just after.

However, it can be explained that billionaire Ken Griffin showed a genuine dedication to participate in the cryptocurrency industry in 2022, in accordance to his statement from March 2022, when he admitted he was incorrect about Bitcoin afterwards, criticizing BTC for a lengthy time.

The heaviest viewpoint Ken Griffin ever expressed fell in November 2017, he claimed that Bitcoin has several factors of “tulip bubbles”. At the time, when BTC was trading all-around $ ten,000, he gloated when he announced that BTC was going to die and was keen to see how that story unfolded.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: BuildCitadelCryptocurrencyplansplatformSecuritiestrading
Share76Tweet48

Related Posts

Federal Reserve Grants Banks Freedom in Crypto Activities

by shark
June 25, 2025
0

Jerome Powell announces the removal of federal constraints on U.S. banks engaging in cryptocurrency activities.

Bitcoin Absorption Rises Amid Market Turmoil, Analysts Report

by shark
June 25, 2025
0

CryptoQuant analysis reveals increased Bitcoin absorption by buyers amid recent market shifts.

Federal Reserve’s Jerome Powell Signals Potential Inflation Due to Tariffs

by shark
June 25, 2025
0

Jerome Powell warns Congress of inflation risks from tariffs, impacting economic policy decisions.

Federal Reserve Maintains Rates, Focuses on Inflation Risks

by shark
June 25, 2025
0

Fed Chair Jerome Powell discusses inflation and interest rates' impact on crypto markets.

Cardano Foundation Unveils Major Ecosystem Developments

by shark
June 25, 2025
0

Cardano Foundation's $100M ADA reallocation into Bitcoin and stablecoins aims to boost DeFi engagement and ecosystem innovation.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Federal Reserve Grants Banks Freedom in Crypto Activities
  • Bitcoin Absorption Rises Amid Market Turmoil, Analysts Report
  • Federal Reserve’s Jerome Powell Signals Potential Inflation Due to Tariffs
  • Federal Reserve Maintains Rates, Focuses on Inflation Risks
  • Cardano Foundation Unveils Major Ecosystem Developments
  • Comparative Analysis of Qubetics, OKB, and Pi as the Best Crypto for Beginners
  • Trump’s Ceasefire Call Boosts Crypto Markets
  • XRP Leads Crypto Rally Amid Sentiment Shift
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7