The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives. Citadel Securities invested $400 million in Crypto.com, valuing the company at $20 billion. The deal marks Crypto.com's first institutional fundraising round since its founding in 2016. Crypto.com said it will use the capital to expand into tokenized securities, derivatives and other asset classes as crypto and traditional finance converge. Crypt…
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