Global market maker Citadel Securities has invested $400 million in crypto exchange Crypto.com, giving the platform a $20 billion valuation, according to a Thursday announcement. 

Crypto.com, which has a number of digital asset products, said the cash would help the Singapore-based company expand its services to assets such as blockchain-based securities and derivatives. 

The cash will help bridge the gap “between digital asset and traditional markets to create a more efficient 24/7 financial ecosystem,” a Thursday announcement read. 

“The size of the opportunity in front of us is staggering, as crypto increasingly becomes the rails for finance,” Crypto.com CEO…

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