Crypto.com has secured a $400 million strategic investment from Citadel Securities at a $20 billion valuation, the Singapore-based cryptocurrency platform announced on 16 July 2026. The transaction is the first institutional funding round in the company's decade-long history.
"We are thrilled to work with Citadel Securities to continue driving the crypto industry into a new era of institutionalization," said Kris Marszalek, co-founder and chief executive of Crypto.com. "The size of the opportunity in front of us is staggering, as crypto increasingly becomes the rails for finance."
CITADEL SECURITIES ENTERS THE REGISTER
Citadel Securities describes itself as a technology-driven, next-generation global market maker. "The convergence of traditional financial markets and digital asset infrastructure is an exciting evolution with the potential to further improve market efficiency," said Jim Esposito, President of Citadel Securities.
Esposito said Crypto.com "has built a foundation to support the continued institutionalization of the digital asset market" and that Citadel Securities was "pleased to collaborate with the Crypto.com team as we help create the capital markets of the future".
"Having built the right regulatory and tech infrastructure over the last decade, Crypto.com is now perfectly positioned to capture this new wave of growth across all asset classes," Marszalek said.
TOKENISED SECURITIES AND DERIVATIVES ON THE ROADMAP
Crypto.com said the proceeds will be used to accelerate expansion into all asset classes, including tokenised securities and derivatives. The company said the expansion would bridge the gap between digital asset and traditional markets to create a more efficient 24/7 financial ecosystem.
Crypto.com, founded in 2016, said it is also developing new use cases including prediction markets and tokenised real-world assets.
The company said the investment comes as the industry undergoes rapid institutionalisation, with crypto increasingly serving as fundamental infrastructure for a greater part of the capital markets.
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