Crypto

Citadel Securities plans crypto market-making push

Ken Griffin’s firm wants to act as a market-maker on various exchanges including Coinbase and Binance

Griffin previously called crypto a ‘jihadist call’ against the US dollar
Griffin previously called crypto a ‘jihadist call’ against the US dollar Photo: Eugene Gologursky/The New York Times

Hedge fund billionaire Ken Griffin’s market-making giant Citadel Securities is eyeing a crypto push amid growing institutional adoption of the emerging asset class.

Miami-based Citadel Securities is planning to become a liquidity provider for cryptocurrecnies, according to Bloomberg. The firm wants to get added to the roster of market-makers on various global exchanges including Coinbase, Binance and Crypto.com.

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