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Citadel Securities plans to become a cryptocurrency liquidity provider

According to Bloomberg, Ken Griffin’s Citadel Securities is planning to become a liquidity provider for cryptocurrencies. The company plans to join the list of market makers on multiple exchanges, including Coinbase Global, Binance and Crypto com, and may first set up a market market-making team outside the United States. Citadel Securities previously partnered with Charles Schwab and Fidelity Investments to launch EDX Markets, a crypto exchange specifically for institutional investors.

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