Citadel Securities enters crypto market, focusing on liquidity and institutional growth under Trump’s pro-crypto stance - IcoHolder.

Citadel Securities, the trading giant led by Ken Griffin, is preparing to enter the cryptocurrency market, Bloomberg reports. This move aligns with expectations that Donald Trump’s pro-crypto stance will foster industry growth.

Historically hesitant due to regulatory uncertainties, Citadel now aims to become a major liquidity provider in crypto markets. The firm plans to expand internationally first, setting up market-making teams outside the U.S. while closely monitoring domestic regulations.

Citadel has already made a foray into digital assets by partnering with Charles Schwab and Fidelity to launch EDX Markets, a crypto exchange for institutional investors, in 2023. While it has largely avoided retail crypto trading, Citadel is now looking to leverage its expertise in traditional finance to establish dominance in the digital asset space.