Crypto.com Closes $400M Funding Round from Citadel Securities, Reaching $20B Valuation on July 21

According to Guru Club, Crypto.com announced it raised $400 million in strategic investment from Citadel Securities on July 21, bringing the exchange's valuation to $20 billion. This marks the exchange's first institutional funding round since its establishment ten years ago. The capital is expected to support Crypto.com's expansion into tokenized securities and derivatives.
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