The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.
- Citadel Securities invested $400 million in Crypto.com, valuing the company at $20 billion.
- The deal marks Crypto.com's first institutional fundraising round since its founding in 2016.
- Crypto.com said it will use the capital to expand into tokenized securities, derivatives and other asset classes as crypto and traditional finance converge.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Block's new voice AI sounds eerily human, sparking awe and scam fears
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
Original sourceCoinDesk
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