Key Takeaways

  • Citadel Securities' dramatic shift in attitude towards cryptocurrencies.
  • Major strategic investments in Ripple, Kraken, and Canton Network.
  • Citadel Securities' growing role in Web3 infrastructure.
  • Collaboration with EDX Markets and providing liquidity to major exchanges.
  • Cautious and regulatory-compliant approach to crypto adoption.

Citadel Securities' Evolving Stance: From Rejection to Embrace

In recent years, Citadel Securities has undergone a notable transformation in its stance on cryptocurrencies. Back in 2021, founder Ken Griffin expressed skepticism about cryptocurrencies due to regulatory uncertainty. However, by 2022, Griffin began to soften his stance, acknowledging the growing market potential of cryptocurrencies.

Strategic Investments in Web3 Infrastructure

In 2025, Citadel Securities made significant strategic investments in Web3 infrastructure, including:

  • Ripple: A $500 million investment in Ripple, contributing to the company's $40 billion valuation.
  • Kraken: A $200 million investment in Kraken, boosting the exchange's valuation to $20 billion.
  • Canton Network: An investment in Canton Network, a permissioned blockchain focused on Real World Assets (RWA).

Collaboration with EDX Markets

Citadel Securities co-founded EDX Markets, a cryptocurrency exchange targeting institutional investors. This collaboration aims to provide a compliant and regulated platform for cryptocurrency trading.

Providing Liquidity to Major Exchanges

Citadel Securities plans to provide liquidity to major cryptocurrency exchanges such as Coinbase, Binance, and Crypto.com. This move aims to improve market efficiency and reduce volatility.

Cautious and Regulatory-Compliant Approach

Despite its growing embrace of cryptocurrencies, Citadel Securities maintains a cautious and regulatory-compliant approach. The company emphasizes the importance of regulatory clarity and investor protection.

Conclusion

Citadel Securities' shift towards cryptocurrencies represents a significant development in the field. The company's major investments in Web3 infrastructure reflect its belief in the long-term potential of cryptocurrencies.


Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

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