By Isaac • July 16, 2026 6:47 pm •
Citadel Securities just put $400 million into Crypto.com.
It did not buy $400 million of CRO.
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Citadel is backing the company that operates the exchange, card program, custody products and institutional infrastructure.
It is not making a disclosed directional bet on the exchange-linked token.
Crypto.com’s announcement values the business at $20 billion and calls the transaction a strategic investment. It is also the company’s first institutional funding round in its 10-year history, a notable change for an exchange that largely built its global footprint without the long venture-capital ladder followed by many competitors.
Crypto.com says the capital will support expansion in tokenized securities, derivatives and products built for markets that trade around the clock. Chief executive
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