Crypto.com's first institutional raise
The exchange has been around for a decade, but it never took institutional money before. That changes now. The $400 million injection from Citadel Securities gives Crypto.com a $20 billion valuation — the same price tag Citadel used when it put $200 million into Kraken back in November 2025. Both deals value the exchanges at the same level, though the market has shifted since then.
Citadel President Jim Esposito called the convergence of traditional finance and digital assets an 'exciting evolution' that could improve market efficiency. The quote is the closest thing to a public rationale from the firm.
" Translate heading: "क्रिप्टो.कॉम का पहला संस्थागत जुटाना" (or "पहला संस्थागत पूंजी जुटाना" but heading can be shorter). I'll use "क्रिप्टो.कॉम का पहला संस्थागत पूंजी जुटाना". Paragraph: "एक्सचेंज एक दशक से अस्तित्व में है, ल
