According to CoinMeta, Citadel Securities's investment in Crypto.com reached $400 million, raising its valuation to $20 billion. This marks the first time in ten years since the establishment of Crypto.com that it has received funding from institutional investors. The investment in Citadel is particularly noteworthy against the backdrop of concerns about rising interest rates affecting the crypto market. Crypto.com has over 150 million users globally and offers a variety of crypto trading platforms and financial tools, including prepaid Visa cards and decentralized financial wallets. Citadel hopes to accelerate the expansion of Crypto.com's infrastructure for futures and options trading through this investment, and plans to tokenize traditional financial assets on its blockchain.