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The move brings Citadel Securities closer to crypto, as Paradigm focuses on investing in crypto and Web 3-related firms. Up until this point, Citadel Securities has avoided trading cryptocurrencies because of what Griffin has called regulatory uncertainties around them.
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“We look forward to partnering with the Citadel Securities team as they extend their technology and expertise to even more markets and asset classes, including crypto,” Huang said in a statement.
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