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Citadel Securities plans to enter the crypto market-making sector, aiming to enhance liquidity on major exchanges like 
Coinbase and Binance, Bloomberg reports. Motivated by a more crypto-friendly regulatory environment under Trump, the firm plans to establish trading teams outside the US and potentially expand based on how regulations develop.
What’s the Scoop?
- Citadel's New Venture: Citadel Securities is entering the crypto market-making business targeting major exchanges to enhance digital asset liquidity.
- Regulatory Motivation: The firm is motivated by expected regulatory changes and Trump's supportive stance on digital assets, forecasted to increase industry activity.
- Institutional Push: Historically cautious, Citadel partnered with Charles Schwab and Fidelity to establish EDX Markets, an institutional-only crypto exchange.
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