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The market maker's stake marks Crypto.com's first institutional funding round, as Wall Street deepens its push into crypto.

It valued the cryptocurrency exchange at $20 billion, nearly half of industry leader Coinbase’s $42 market cap.

Crypto.com has received $400 million from top market maker Citadel Securities, pushing the crypto exchange's valuation to $20 ...

Crypto.com has secured a $400 million investment from Citadel Securities at a $20 billion valuation to accelerate its push ...