Crypto.com has secured a $400 million investment from Citadel Securities, giving the crypto trading platform a $20 billion valuation. The deal marks Crypto.com’s first institutional fundraising round since the company was founded in 2016. According to the company, the fresh capital will be used to expand its business in tokenized securities, derivatives, and other asset classes. The announcement identifies the investment as a notable financing milestone for Crypto.com, which has not previously disclosed an institutional round since its founding. The company tied the raise directly to its plans to broaden product coverage beyond its existing offerings and push further into new categories tied to digital and traditional market structures.
Crypto.com has received a $400 million investment from Citadel Securities, valuing the crypto trading platform at $20 billion.
The transaction is Crypto.com’s first institutional fundraising round since its founding in 2016. The company said it will use the proceeds to expand into tokenized securities, derivatives, and other asset classes.
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