Citadel Eyes Cripto market created as Ken Griffin softens the attitude at Bitcoin
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The billionaire investor and entrepreneurship Ken Griffin said his company was considering entering the crypto market, citing restored trust in the Presidency of Donald Trump.
Griffin, founder and executive director of Citadel LLC, indicating the offering services crypto in the market and trading in digital means after the previously expressed doubts in the industry. The founder of Citadel said the company, the largest market producer at the New York Stock Exchange, would be interested in providing liquidity on platforms like a waiter, according to Bloomberg.
Like many founder focused on technology, Griffin called for a clearer crypto regulations within the Trump administration, while speaking at UBS Conference in Florida.
At the same time, he criticized the “evil regulation by applying” of the approaches that the administrative administration and officials such as Gary Gensler, former chairman of US Securities and the US Exchange Commission.
The Citadel has a historically avoided the crypto market, stating regulatory uncertainty. Griffin was a strong bitcoin alone (Btc) Skeptic in the past and enrolled in Cripto’s general utility. However, he and Citadel gradually transferred his position of at least 2022. years. Just before the collapse of $ 60 billion, Griffin suggested that the company detects crippto operations within a year.
Although this plan eventually passed, Griffin’s position on Cripto developed during time. When Bitcoin first last December last December, he increased last December, admitted that regret does not enter the market before.
However, the time is not fully convinced of the griffin about crypt’s merit. “Which problem solves?” He said at that time, however, acknowledging the possibility that Citadel was servicing a CRIPTO liquidity.
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2025-02-24 22:10:00