The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

Crypto.com plans to use proceeds from its “first institutional funding round" to expand its tokenization and derivatives operations.

The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

Citadel Securities has invested $400 million in Crypto.com at a $20 billion valuation as the platform expands into tokenized securities and derivatives.

Citadel Securities invests $400 million in Crypto.com, valuing the platform at $20 billion and backing expansion.

Citadel Securities invests $400 million in Crypto.com at a $20 billion valuation, marking the exchange's first institutional round and boosting CRO token by

Crypto.com receives $400 million investment from Citadel Securities

The market maker's stake marks Crypto.com's first institutional funding round, as Wall Street deepens its push into crypto.