Crypto.com Secures $400 Million Investment from Citadel Securities, Valuation Reaches $20 Billion

Odaily News: Crypto trading platform Crypto.com has secured a $400 million investment from Citadel Securities, bringing its company valuation to $20 billion. This deal marks Crypto.com's first institutional funding round since its establishment in 2016. Crypto.com stated that it will use the funds to expand its business in tokenized securities, derivatives, and other asset classes.