Citadel Securities plans to become a key liquidity provider for crypto exchanges in the U.S. Long confined by regulatory uncertainty, the firm is now eager to dive into the crypto pool as the regulatory waters stabilize.
This Chicago-based titan, known for its prowess in stock and options market-making, is now setting sights on the digital currency realm. The broader implications: Citadel's move could validate crypto's financial importance.
Ah, the irony—traditional institutions jumping on the crypto bandwagon as faith in fiat wavers! It's as if the 'crypto-geddon' is recruiting its own market architects. Stay curious, stay cynical!