Citadel Securities Eyes Crypto Market as Major Liquidity Provider

Citadel Securities, a well-known market maker with a wide range of assets under management, plans to enter the cryptocurrency market by establishing itself as a leading liquidity provider on prominent exchanges. This move comes amidst a favorable regulatory landscape for cryptocurrencies and appears driven by the firm’s desire to capitalize on market growth. The company is known for its long history in tracking crypto trends, having invested in ETFs, and aims to obtain approvals from major crypto exchanges to improve market liquidity.