Paradigm, Sequoia to Invest $1.15B in Citadel Securities, Bringing Trading Firm Closer to Crypto

Business

It’s the first outside investment for the electronic trading giant, which is now valued at roughly $22 billion.

By Tanzeel AkhtarJan 11, 2022 at 2:36 p.m. UTC

Updated Jan 11, 2022 at 2:36 p.m. UTC

Citadel Securities chairman Ken Griffin (Michael Kovac/Getty Images)