Citadel Securities Moves Into Crypto Market-Making Following Trump’s Crypto-Friendly Regulation Push
Citadel Securities is preparing to enter cryptocurrency market-making after the Trump administration has signaled a friendlier regulatory environment.
What Happened: The market-making firm is moving to establish itself as a liquidity provider for digital assets, marking a significant change in its approach to cryptocurrency trading, according to a Bloomberg report.
The firm, known for its dominance in equities and fixed-income markets, is now seeking approval to operate on major crypto exchanges such as Coinbase (NASDAQ:COIN), Binance and Crypto.com, according to sources familiar with the matter.
Citadel Securities had previously avoided major crypto trading platforms due to regulatory uncertainty and concerns over market structures.
Following the collapse of FTX in 2022, scrutiny over conflicts of …
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