Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Citadel Invests $200 Million in Crypto: Wall Street Makes Its Newest Move Toward Digital Assets

Citadel Invests $200 Million in Crypto: Wall Street Makes Its Newest Move Toward Digital Assets

Bitget-RWA2025/11/19 10:26
By:Bitget-RWA

- Kraken secures $800M in funding at $20B valuation, led by Citadel Securities and institutional investors. - Funds will expand tokenized assets, derivatives, and global operations in Latin America, Asia-Pacific, and EMEA. - Citadel's $200M investment highlights Wall Street's growing trust in regulated crypto infrastructure and market integration. - Kraken's $1.5B+ 2024 revenue and $198M Q3 EBITDA underscore its financial stability amid favorable U.S. regulatory shifts. - Jane Street and DRW's participatio

Kraken, recognized as one of the leading global cryptocurrency exchanges, has obtained $800 million in new funding, pushing its valuation to $20 billion as it intensifies efforts to merge conventional financial systems with blockchain advancements. Announced on November 18, 2025, the funding round features a $200 million strategic investment from Citadel Securities, highlighting increasing institutional trust in regulated crypto exchanges and strengthening connections between digital asset companies and major Wall Street entities

.

The capital was raised in two separate phases. The first phase, led by institutional backers Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, also included

from the family office of Kraken’s Co-CEO Arjun Sethi. In the second phase, Citadel Securities contributed $200 million at the $20 billion valuation, a number that demonstrates Kraken’s growing influence in derivatives, tokenized assets, and international markets . Since its founding in 2011, the exchange had previously raised only $27 million in primary funding, but it and exceeded that amount within the first nine months of 2025.

Citadel Invests $200 Million in Crypto: Wall Street Makes Its Newest Move Toward Digital Assets image 0
Kraken intends to allocate the new funds to expand its presence in Latin America, Asia Pacific, and the EMEA region, while also broadening its product lineup to include tokenized stocks, staking options, and advanced trading solutions for institutions. The company also revealed to enhance its U.S. derivatives business. Arjun Sethi pointed out that this investment signals “enduring belief in Kraken’s vision” and highlighted the exchange’s fully integrated infrastructure—covering custody, clearing, and payments—as a major competitive advantage .

Citadel Securities’ investment, coming from a leading market maker, involves collaboration on liquidity, risk management, and insights into market structure. Citadel President Jim Esposito described Kraken as “an essential force in the evolution of digital markets,” emphasizing its pivotal role in connecting traditional finance with the crypto sector

. This collaboration follows Citadel’s involvement in Ripple’s $500 million fundraising earlier in the month, reflecting a broader approach to partner with regulated crypto exchanges .

Despite ongoing speculation about a potential IPO, Kraken currently has no plans to go public. Sethi told Yahoo Finance that the company is “in a strong financial position” and is focused on sustainable growth rather than quick exits, especially as the U.S. regulatory environment becomes more supportive

. The exchange’s latest Q3 performance, which included $198 million in adjusted EBITDA and a 28% increase in revenue from the previous quarter, further demonstrates its financial strength .

This funding round also marks a notable change in investor attitudes toward crypto infrastructure. Both Jane Street and DRW, prominent figures in traditional finance, have increased their involvement in digital assets, with Jane Street supplying $1.7 billion in

ETF liquidity in late 2024 . Their support for Kraken signals a wider acceptance of regulated digital asset platforms as mainstream financial instruments.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Adobe’s Semrush Acquisition: AI Growth Push Raises Valuation Questions

- Adobe nears $1.9B Semrush acquisition, doubling its share price in pre-market trading amid valuation debates. - The deal aims to expand Adobe's AI-driven marketing tools, addressing AI's impact on its creative software business. - Analysts highlight Adobe's 24.9% 2025 stock decline but argue it's undervalued based on DCF analysis and PE ratio comparisons. - Semrush's AI SEO tools and Adobe's recent revenue forecast raise hopes for integration success despite past Figma acquisition challenges.

Bitget-RWA2025/11/19 13:38
Adobe’s Semrush Acquisition: AI Growth Push Raises Valuation Questions

Silver Faces Setbacks: Hopes for Rate Cuts and Industrial Challenges Put Metal's Strength to the Test

- Silver prices rose 0.45% on Nov 19, 2025, but remained 12.7% below their October peak amid Fed rate cut expectations and weak industrial demand. - Analysts highlight key support/resistance levels (₹1,55,000–₹1,62,000) and note Fed policy and global economic recovery will drive near-term volatility. - Aya Gold & Silver aims to monetize silver-rich stockpiles in Morocco, reflecting industry efforts to optimize by-product recovery amid fluctuating prices. - Long-term optimism persists due to silver's dual r

Bitget-RWA2025/11/19 13:38
Silver Faces Setbacks: Hopes for Rate Cuts and Industrial Challenges Put Metal's Strength to the Test

Hyperliquid News Today: Paxos Introduces USDG0: Compliant Cross-Chain Liquidity Without Bridge-Related Risks

- Paxos launches USDG0, an omnichain stablecoin using LayerZero's OFT standard to provide regulated dollar liquidity across Hyperliquid, Plume, and Aptos. - The stablecoin eliminates bridge risks by operating as a single native asset, supporting yield-aligned trading pairs and modular DeFi infrastructure on target chains. - USDG0 aligns with global regulatory frameworks (GENIUS Act, MiCA) while addressing institutional demand for instant, compliant cross-chain transfers through partnerships like Trovata's

Bitget-RWA2025/11/19 13:38
Hyperliquid News Today: Paxos Introduces USDG0: Compliant Cross-Chain Liquidity Without Bridge-Related Risks

ARK's technology investments steer through hurdles in regulation and profitability

- ARK Invest, led by Cathie Wood, allocated $7.9M to Roblox shares on Nov 18, 2025, while reducing Pinterest holdings by $5.19M via ARKK and ARKF ETFs. - The firm expanded fintech exposure by acquiring Klarna ($3.25M) and Circle ($3.07M) shares, aligning with sector growth amid profitability concerns. - Biotech investments included $2.09M in Recursion and $2.64M in CRISPR Therapeutics , reflecting ongoing focus on gene-editing innovations. - A $7.2M sale of Teradyne shares signaled a strategic shift away f

Bitget-RWA2025/11/19 13:20
ARK's technology investments steer through hurdles in regulation and profitability