2 stories on Institutional Investment, newest first.
Citadel Securities, a major market maker, invested $400 million in cryptocurrency exchange Crypto.com, valuing the platform at $20 billion in its first institutional funding round. The exchange plans to use the capital to expand into tokenized securities and derivatives trading.
Bitcoin's recent selloffs are challenging the theory that exchange-traded funds and mainstream institutional participation would stabilize the cryptocurrency's historically volatile price swings. Investors had expected that easier access via ETFs and a crypto-friendly policy environment would smooth out the boom-and-bust cycles that plagued Bitcoin in the past.
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