Citadel Securities Moves Into Crypto Market-Making Following Trump’s Crypto-Friendly Regulation Push (CORRECTED)
Editor’s note: the article has been corrected to accurately reflect the reference to Citadel Securities, the market-making firm.
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 …
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