Citadel Securities Eyes Crypto Liquidity Role: Expanding into Exchanges

Citadel Securities, a prominent financial firm known for its trading expertise, is contemplating a significant shift in its approach to the cryptocurrency market. The firm, once hesitant about retail crypto trading due to concerns about manipulation and a perceived lack of regulatory clarity, is now exploring the possibility of becoming a liquidity provider for major cryptocurrency exchanges like Binance, Coinbase, and Crypto.com. This move marks a strategic departure from Citadel’s previous conservative stance towards retail crypto trading.