Crypto

Citadel Securities plans crypto market-making push

Ken Griffin’s firm wants to act as a market-maker on various exchanges including Coinbase and Binance

Griffin previously called crypto a ‘jihadist call’ against the US dollar
Griffin previously called crypto a ‘jihadist call’ against the US dollar Photo: Eugene Gologursky/The New York Times

Hedge fund billionaire Ken Griffin’s market-making giant Citadel Securities is eyeing a crypto push amid growing institutional adoption of the emerging asset class.

Miami-based Citadel Securities is planning to become a liquidity provider for cryptocurrecnies, according to Bloomberg. The firm wants to get added to the roster of market-makers on various global exchanges including Coinbase, Binance and Crypto.com.

WSJ Logo
Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger